Consumer freedom is the ability of people to decide what they buy, how much they spend, and how they control their resources.

Like other central banks globally, the CBN has remained laser-focused on inflation. Its adoption of an inflation-targeting ...

The latest Purchasing Managers' Index (PMI) report from Stanbic IBTC Bank has noted that, alongside structural reforms and the removal ...

However, on a year-on-year basis, food inflation rate reduced to 21.14% in May 2025. This was 19.52% points lower compared to the rate recorded in May 2024 (40.66%).

Nigeria’s annual inflation rate eased to 22.97 per cent in May from 23.71 per cent in April 2025, the National Bureau of Statistics (NBS) said on Monday. The statistics office said the May 2025 ...

The world is currently witnessing a series of geopolitical shifts that threaten to reshape the global economic landscape.

The National Bureau of Statistics has revealed that Nigeria's inflation rate dropped again in May, however, there are states ...

By Elizabeth Adegbesan Nigeria’s headline inflation rate eased by 0.74 percentage points to 22.97 per cent in May 2025 from 23.71 per cent in April. This represents the second consecutive month of ...

The International Monetary Fund (IMF) says its executive board has concluded the 2025 Article IV consultation with Nigeria, ...

The International Monetary Fund (IMF) has backed the Central Bank of Nigeria’s (CBN) sustained tight monetary policy stance, describing it ...

The International Monetary Fund (IMF) has urged Nigeria to implement a robust foreign exchange intervention framework that ...