Nigeria's inflation rate drops

Nigeria's inflation rate drops after statistics overhauled and updated
Nigeria's annual inflation rate stood at 24.48% in January, the statistics agency said on Tuesday, well down from the previous month's figure after the country's price index was rebased for the first time in more than a decade.
UPDATED: Nigeria’s Inflation Rate Drops To 24.48 Per Cent
Nigeria’s headline inflation has dropped to 24.48 per cent year on year in January 2025. This is a sharp decline from the 34.80 per cent headline inflation recorded in December 2024. This is according to the National Bureau of Statistics (NBS). The Statistician-General of the Federation Adeyemi Adeniran announced this on Tuesday.
Why Nigeria's inflation rate falls to 24.48% after rebasing — NBS
The National Bureau of Statistics (NBS) has explained why Nigeria’s headline inflation rate dropped to 24.48 percent in January 2025 after rebasing.The Statistician-General of the Federation and Chief Executive Officer of the NBS,
Inflation crashes! Nigeria’s CPI drops to 24.48% in stunning decline
By Kazeem UgbodagaNigeria’s inflation rate fell sharply to 24.48% in January 2025 from 34.80% recorded in December 2024, following the release of the rebased Consumer Price Index (CPI) by the National Bureau of Statistics (NBS).
Nigeria’s inflation drops massively to 24.48% after CPI rebase
Nigeria’s inflation rate dropped massively to 24.48 percent in January 2024 from 34.80 percent in December last year after the rebased Consumer Price Index. The Statistician General, Prince Adeyemi Adeniran,
The Financial Times7d
Inflation and interest rates tracker: see how your country compares
A rise in energy prices was the main driver of inflation in many countries ... on 2-year government bond yields, which are strongly affected by market expectations of interest rates over that ...
businessday1d
7 things to know ahead rebased inflation figures
Inflation: As Nigerians await the rebased Consumer Price Index (CPI) figures to be released by the National Bureau of ...
Energy shares boost TSX as investors digest inflation data
Canada's main stock index closed higher on Tuesday, powered by energy and financial shares, as investors digested news that ...
Americans, including Republicans, now fear higher inflation this year
Americans fear faster inflation is on the horizon. The University of Michigan’s latest consumer survey, released Friday, ...
Inflation hit 7-month high of 3% in January. Here's what it means for Fed rate cuts
Inflation slowed through much of last year – falling as low as 2.4% from a 40-year high of 9.1% in mid-2022 – but it has remained stubbornly high since fall. The cost of services such as car insurance ...
U.S. inflation worsened last month as the cost of groceries and gas moved higher
U.S. inflation accelerated last month as the cost of groceries, gas and used cars rose, a trend that will likely underscore ...
Cleveland.com2d
Rising inflation shoves mortgage rates higher
Mortgage rates went up this week because of an unexpected resurgence of inflation. The average rate on the 30-year fixed-rate mortgage rose three basis points, to 6.84%, in the week ending ...
The Washington Post7d
Inflation rose in January as prices for groceries and housing picked up
Stocks fell and bond yields jumped after the inflation data was released, as investors scaled back their expectations for rate cuts this year. The surge in inflation comes at an awkward time ...