OPINION/EDITORIAL

Headline Inflation Slows to 22.97% Y/Y in May

June 16, 2025/Cordros Update Based on the CPI data from the National Bureau of Statistics (NBS), Nigeria’s headline inflation eased by 74bps to 22.97% y/y in May (April: 23.71% y/y). On a month-on-month basis, consumer prices moderated to 1.53% (April: 1.86% m/m). Food inflation moderated by 12bps to 21.14% y/y in May (April: 21.26% […]

Inflation Rises by 23.0% Year-on-Year in May

June 16, 2025/CSL Research Recently released data from the National Bureau of Statistics (NBS) showed that Nigeria’s headline inflation eased slightly to 23.0% year-on-year (y/y) in May, down from 23.7% in April. Similarly, core and food inflation moderated to 22.3% and 21.1% y/y respectively in May, compared to 23.4% and […]

Disclosing Public Debt Boosts Investor Confidence, Cuts Borrowing Costs

(Credit: IMF Photo/Valerie Plesch) June 12, 2025/IMFBlog By Yan Liu Public debt is projected to reach nearly 100 percent of global gross domestic product by the end of this decade, surpassing even pandemic-level highs. Governments, particularly those in emerging market and developing economies, face both mounting debt service costs and […]