Global Oil Shock Reignites Inflation Concerns NIGERIA’S fragile progress in curbing inflation is facing renewed pressure as rising global oil prices ripple through the domestic economy. Analysts warn that the country’s inflation trajectory may reverse course, with projections indicating a rise to 16.22 percent in March 2026, up from 15.06 percent in February. The latest […]
By OBIOMA TORI Inflation Spike Driven by Statistics, Not New Economic Shock Inflation Set for Temporary Peak NIGERIA’S inflation rate is projected to climb sharply to 31.92 percent by December 2025 before embarking on a steep decline in 2026, according to a fresh outlook released by United Capital Research. Analysts say the anticipated surge, though […]
By OBI DAVIES A Turning Point—or a Warning Sign? NIGERIA’S inflation rate is finally slowing, propelled by sharply lower food prices and a stronger naira. After years of soaring living costs, the inflation rate dipped to 16.05% in October, inching closer to the government’s 15% target and offering relief to households long squeezed by high […]
By OBIOMA TORI NIGERIA’S recent inflation relief is beginning to weaken, as rising energy and transport costs threaten to undo three months of easing prices. Analysts expect October inflation to decline slightly to 16.29% year-on-year, but month-on-month data shows underlying pressures building. A combination of factors — higher fuel prices, logistics disruptions, and festive-season demand […]