Nigeria Inflation Rises to 15.69% in April 2026 — NBS
Nigeria’s inflation rate increased slightly to 15.69 per cent in April 2026, according to fresh data released by the National Bureau of Statistics (NBS). The latest figure reflects a marginal
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CBN cautions states on debt, stresses fiscal prudence
The Central Bank of Nigeria (CBN) has cautioned state governments against excessive reliance on overdrafts and short-term borrowing, warning that weak fiscal discipline at the sub-national level could undermine Nigeria’s
Shoprite Reports Profit Growth Amid Low Food Price Inflation
South Africa’s largest grocery retailer, Shoprite Holdings, posted a 7.7% rise in half-year profit, driven by strong festive season demand, even as low internal selling price inflation continued to weigh
CBN Cuts Interest Rate to 26.5% as Inflation Slows
The Central Bank of Nigeria (CBN) has reduced its benchmark interest rate by 50 basis points to 26.5%, signalling growing confidence that inflationary pressures are easing and economic stability is
Nigeria’s inflation eases to 20.12% in August
Nigeria’s headline inflation eased to 20.12% in August 2025, down from 21.88% in July, the National Bureau of Statistics (NBS) reported on Monday. This represents a 1.76-percentage-point drop, the first
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