Nigeria inflation 2025
Stable naira, harvests to tame inflation – Analysts
Nigeria’s battle with high inflation may see some relief in the coming months as economic analysts project a sustained slowdown, driven largely by exchange rate stability, the ongoing harvest season, and softer global commodity prices. The National Bureau of Statistics (NBS) recently reported that headline inflation dropped for the fourth consecutive month in July 2025, […]
MPC Holds Rate, Sparks Debate Over Inflation Risks
The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) has once again retained the Monetary Policy Rate (MPR) at 27.5%, marking the third consecutive hold in 2025. The decision, announced by CBN Governor Olayemi Cardoso after the MPC’s 301st meeting in Abuja, has sparked mixed reactions among financial experts and business stakeholders. […]
Fuel, Power Costs Driving Soaring Inflation, Say Firms – CBN Report
In a revealing new report, the Central Bank of Nigeria (CBN) has disclosed that a vast majority of Nigerian firms attribute the country’s stubbornly high inflation to escalating energy costs and worsening exchange rate volatility. The disclosure is contained in the CBN’s May 2025 Inflation Expectation Survey, which examined the outlook of businesses and households […]
NECA Warns on Overusing Monetary Tools
The Nigeria Employers’ Consultative Association (NECA) has raised serious concerns over the Central Bank of Nigeria’s (CBN) persistent reliance on monetary policy tightening as the primary tool to control inflation. This warning comes in the wake of the Monetary Policy Committee’s (MPC) decision to maintain the Monetary Policy Rate (MPR) at 27.50 percent, a move […]
W’Bank: Tight Monetary Policy to Cut Nigeria’s Inflation to 22.1%
The World Bank has projected that Nigeria’s inflation rate will decline to an average of 22.1 percent in 2025, driven largely by the Central Bank of Nigeria’s (CBN) aggressive monetary tightening aimed at stabilising prices and reinforcing market confidence. This forecast was contained in the latest edition of the Nigeria Development Update (NDU) report titled […]