April 15, 2025/Cordros Report Based on the rebased CPI data from the National Bureau of Statistics (NBS), Nigeria’s headline inflation increased by 105bps to 24.23% y/y in March (February: 23.18% y/y). On a month-on-month basis, consumer prices increased to 3.90% (February: 2.04% m/m).
Updates
Inflation Rises to 24.2% in March
April 15, 2025/CSL Research Data from the National Bureau of Statistics (NBS) shows that Nigeria’s headline inflation rose to 24.2% year-on-year in March, up from 23.2% recorded in the previous month. Similarly, core inflation – which excludes volatile food and energy prices – continued its upward trend, climbing to 24.4% […]
Nigeria’s Cross River State second to commence construction of its Special Agro-Industrial Processing Zone
The African Development Bank Group has committed $934 million to SAPZs in 11 African countries April 15, 2025/AfDB igeria’s Cross River State became the second to mark construction of a Special Agro-Industrial Processing Zone after the country’s Vice President Kashim Shettima and African Development Bank President Dr. Akinwumi Adesina broke […]
