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.
Reasons drop in Nigeria’s inflation doesn’t result in price reduction – CPPE
The Centre for the Promotion of Private Enterprise, CPPE, has explained that the sharp deceleration of Nigeria’s inflation in January 2025 does not amount to a reduction in the prices of goods and services.
Inflation drop: Experts demand lower interest rate
Financial and economic analysts expect the Monetary Policy Committee of the Central Bank of Nigeria to reduce the benchmark interest rates following the drop in the inflation rate released by the National Bureau of Statistics on Tuesday.
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.
Nigeria Inflation Slows After Data Rejig, Clouds Rates Path
Nigeria’s annual inflation rate fell in January after the statistics office revised the data used to calculate household expenditure, clouding the interest-rate outlook.
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,
Uproar as Nigeria's Food Inflation crashes to 26% in NBS' rebased CPI report
The National Bureau of Statistics (NBS) have released shocking figures showing that inflation is down, in the newly rebased Consumer Price Index (CPI)
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