OPINION/EDITORIAL

Social Engineering 2.0: When Artificial Intelligence Becomes the Ultimate Manipulator

From fake bank alerts to long-lost Nigerian princes, these scams have traditionally relied on generic hooks and low-effort deceit. But that’s changed, and continues to June 16,2025/KnowBe4 By Anna Collard Once the domain of elite spies and con artists, social engineering is now in the hands of anyone with an […]

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 […]