VERIV AFRICA

Nigeria’s Inflation Rate Declines in February 2025 Due to Stable Naira and Fuel Prices

March 17, 2025March 17, 2025 - by Liam Nguyen - Leave a Comment

Nigeria’s inflation rate decreased to 23.18% in February 2025, down from 24.48% in January, aided by lower petrol costs and a stable naira. Analysts predict possible acceleration in inflation beginning …

economics

Nigeria’s Stew Ingredient Costs Surge Amid Rising Living Expenses

March 11, 2025March 11, 2025 - by Liam Nguyen - Leave a Comment

The cost of preparing beef stew in Nigeria has surged by 121.05%, with ingredient prices more than doubling due to inflation and supply chain issues. This increase imposes significant financial …