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Borno State has been identified as the most expensive in Nigeria as of May 2025, with an inflation rate of 38.9%. Niger, Plateau, and Abuja follow, reflecting significant food inflation …
Borno State Tops List as Nigeria’s Most Expensive State in New NBS Report Read More
Nigeria’s inflation rate fell to 23.18% in February 2025, a significant decline influenced by the recent rebasing of the Consumer Price Index. Food inflation dropped to 23.51%, and both urban …
Nigeria’s Inflation Rate Declines to 23.18% as Economic Adjustments Impact CPI Read More
NIMASA is leading an effort to eradicate war risk insurance premiums on Nigeria-bound cargo, which have cost Nigeria over $1.5 billion in three years. With the decline of piracy incidents …
NIMASA’s Initiative to Eliminate War Risk Insurance Premiums for Nigeria Read More
The Nigerian government plans to rebase its CPI and GDP by 2025, aiming to enhance economic accuracy by including the informal sector. This move seeks to boost investor confidence and …
Nigeria’s Economic Strategy: Rebasing GDP Amidst Challenges Read More