The NBS said the food index for January 2025 was 110.03, resulting in a food inflation rate of 26.08 per cent year-on-year.Nigeria's annual inflation rate dropped to 24.48 per cent in January from 34.

The National Bureau of Statistics (NBS), yesterday, released the long-awaited rebased Consumer Price Index (CPI), reducing the weight ...

Also, the Director-General of the Lagos Chamber Of Commerce And Industry, Dr Chinyere Almona noted that a rebased CPI provides a “clearer view of the economy” which considering the drop of headline ...

The Consumer Prices Index (CPI) rose by 3.0% in the 12 months to January 2025, up from 2.5% in the 12 months to December 2024. On a monthly basis, CPI fell by 0.1% in January 2025, compared with a 0.6 ...