Nigeria’s Inflation Rate crashes To 24.48 Per Cent
Nigeria’s headline inflation has dropped to 24.48 per cent year on year in January 2025, as against the December 2024 rate of 34.80 per cent. Announcing this at a briefing yesterday, the Statistician-General of the Federation, Adeyemi Adeniran, said the All-Items Index, which is used to measure headline inflation for January 2025, was 110.7, resulting […]
CBN Governor promises Nigeria’s inflation rate will drop in 2024
Meanwhile, the CBN Governor, Yemi Cardoso, says Nigeria’s inflationary pressure will drop from 28.92 per cent to 21.4 per cent in 2024. Speaking during his addressed to the House of Representatives, Cardoso said the projected decline in the country’s inflationary is due to inflation-targeting policies of the Federal Government, and improvement in agricultural productivity as […]
