April 16, 2025/InvestmentOne Update The recently released Consumer Price Index (CPI) data by the National Bureau of Statistics revealed an increase in inflationary pressures in the Nigerian economy. This represents the first uptrend since the CPI was rebased in January 2024 to reflect recent economic realities and changes in consumption […]
Updates
Headline Inflation Accelerates to 24.23% Y/Y in March
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).
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% […]
