STATISTICS OFFICE

Nigeria’s Inflation Rate Declines in February 2025 Amid Food Security Challenges

March 18, 2025March 18, 2025 - by Liam Nguyen - Leave a Comment

In February 2025, Nigeria’s inflation rate dropped to 23.18% from 24.48% in January. The food inflation rate also decreased to 23.51%, significantly lower than the previous year’s rate. Despite government …

Business

Coffee Prices Experience Losses Amid Brazilian Rain Forecasts and Inventory Fluctuations

March 7, 2025March 7, 2025 - by Sofia Nawab - Leave a Comment

Coffee prices declined on Friday following rain forecasts for Brazil, easing dry conditions. robusta coffee faces pressure from increased exports in Vietnam. Inventory levels present mixed signals, while concerns about …