Naira Stability, Lower Petrol Price Cool Inflation To 23.18% In Feb

For the first time in 2025, Nigeria’s inflation rate slowed as it declined to 23.18 percent in February, from 24.48 percent reported in January. This is coming after a Consumer Price Index (CPI) rebase. This is attributed to lower petrol costs and a stable naira, data from the National Bureau of Statistics noted on Monday. […]