Inflation in Nigeria has been a significant economic concern, impacting savings and purchasing power, with recent rates reported at 22.22%.
First rate cut since COVID: CBN eases to 27% as inflation slows
Nigeria's Central Bank cut the benchmark interest rate to 27% from 27.50%. The decision was made during the 302nd Monetary Policy Committee meeting.
Seven apps Nigerians are using to invest in local stocks in 2025
The naira has depreciated over 70% since mid-2023, prompting more Nigerians to invest. Headline inflation in Nigeria slowed to 22.22% in June, but food prices continue to rise.
Starlink Doubles The Price of Its Services In Nigeria Due To “Excessive Inflation”
Starlink announces price increase for services in Nigeria. Residential package price rises from N38,000 to N75,000.
