The International Monetary Fund has urged Nigeria to revise its N54.99 trillion 2025 budget downward in response to weakening ...

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

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%).

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

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

Nigeria needs to adapt its 2025 budget to lower oil prices and scale up cash transfers to shield the most vulnerable parts of ...

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

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 IMF says revised oil assumptions are needed in Nigeria’s 2025 budget to avoid widening fiscal deficit and inflation risks ...

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

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

LCCI has commended the inflation drop in May, but warns that food crisis, insecurity, and supply shocks may reverse gains.