The National Bureau of Statistics (NBS) has reported that Nigeria’s inflation slowed for the fifth consecutive month in August 2025. The trend provides some respite for consumers grappling with high living costs. Data released by the body on Monday showed that inflation dropped to 20.12 per cent, down from 21.88 per cent in July. The…
By Prince Chris Azor In the sleek, air-conditioned conference rooms of Abuja and the boardrooms of international financial institutions, a new narrative is gaining ground: Nigeria’s economy is stabilizing. The National Bureau of Statistics (NBS) reports that headline inflation has now declined for the fourth consecutive time, easing to 21.88% in July. The World Trade…
The Statistician-General of the Federation, Adeyemi Adeniran, has advised Nigerians to disregard reports that inflation has come down. Naija News reports that Adeniran explained that the report the Nigeria Bureau of Statistics (NBS) released was not the current inflation rate in the country. In an interview with Arise News, on Tuesday night, he stated that…
