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Nigeria’s inflation sprints to 34.80% y/y in December; food inflation slows

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WED JAN 15 2025-theGBJournal| Nigeria’s headline inflation rose by 20bps to 34.80% y/y in December (November: 34.60% y/y), according to data released Wednesday by...

Special Report| Fuel prices will play an important role in inflation...

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...But it is unlikely to make the year-on-year inflation measure worse after September 2025, and so we may see a significant decline in inflation...

Nigeria’s headline inflation races to 34.60% y/y in November with food...

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MON DEC 16 2024-theGBJournal| Nigeria’s headline inflation rose by 72bps to 34.60% y/y in November (October: 33.88% y/y), according to latest data by the...

Interest rate hike expected as food inflation feasts on household budgets

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MON NOV 18 2024-theGBJournal| Naira volatility continues to complicate Nigeria’s economic landscape, adding uncertainty and challenges to the nation's financial stability. Since the beginning of...

Nigeria Inflation Forecast| What to expect from October data

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...Consensus figure have CPI rising to 33.10% y/yin October 2024 SAT NOV 09 2024-theGBJournal| Nigeria's inflation rate is expected to rise when fresh figures from...

Air transport fares in Nigeria spikes in September amid inflationary pressures...

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FRI OCT 25 2024-theGBJournal| Latest report by the National Bureau of Statistics (NBS) shows that cost of air travel in Nigeria is rising, reflecting...

Swiss Perspective| Q3 2024 – Uncertainty looms

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...Interest rate changes significantly shape returns and asset allocation strategies. Cuts in rates have historically benefited equity markets and certain sectors By Rebecca Ellis SAT OCT...

Big Picture| Naira interest rates too high?

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TUE SEPT 10 2024-theGBJournal| August saw a big rally in the Federal Government of Nigeria (FGN) bond and Treasury bill (T-bill) markets, with average...

Nigeria’s headline inflation cools sharply, easing by 80bps to 33.40% y/y...

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...The outturn is 13ps and 10bps higher than Cordros’ (33.27% y/y) and Bloomberg’s median consensus (33.30%) estimates, respectively ...Food inflation moderated by 134bps to 39.53%...

Stubborn food inflation in Nigeria surges again, pushing headline inflation rate...

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...Food inflation increased by 21bps to 40.87% y/y (May: 40.66% y/y). ...The Core inflation increased by 36bps to 27.40% y/y (May: 27.04% y/y). MON JULY 15...