Newsone Nigeria
  • Home
  • Africa
  • Newsone Nigeria Partners
  • Entertainment
  • News
  • Politics
  • World News
No Result
View All Result
  • Home
  • Africa
  • Newsone Nigeria Partners
  • Entertainment
  • News
  • Politics
  • World News
No Result
View All Result
Newsone Nigeria
No Result
View All Result






Home News

Nigeria’s Inflation Rate Rises to 24.23% Under President Tinubu Despite Rebase

Newsone Nigeria by Newsone Nigeria
2 months ago
in News
BREAKING: Nigeria’s Inflation Rate Rises to 24.23% Under President Tinubu Despite Rebase

created by photogrid

Nigeria’s inflation rate has risen to 24.23% under President Tinubu despite rebasing.

Newsone Nigeria reports that the National Bureau of Statistics (NBS) has announced that Nigeria’s inflation rate increased to 24.23 percent in March after months of respite.

NBS announced the increase in its Consumer Price Index (CPI) for March, released on Tuesday, April 15, 2025. The new rate indicates an upward movement from the 23.18 percent reported in February 2025.

The National Bureau of Statistics report added that the food inflation rate stood at 21.79 percent in March on a year-on-year basis.

“In March 2025, the headline inflation rate rose to 24.23 percent relative to the February 2025 headline inflation rate of 23.18 percent.

“On a month-on-month basis, the headline inflation rate in March 2025 was 3.90 percent.

“The food inflation rate was 21.79 percent year on year in March 2025,” NBS stated in a statement published on X on Tuesday.

This is the first time Nigeria’s CPI increased after its rebase in January 2025.

Newsone recalls that the Monetary Policy Committee paused interest rates at 27.50 percent in February. This means that the MPC will need to decide whether to further hold interest rates or increase them.

Facebook Comments
Previous Post

UBA CEO Calls For Tax Incentives To Boost Economic Growth In Nigeria

Next Post

Dangote Cement is the Platinum winner of ICAN, NGX’s Corporate Reporting Award

Newsone Nigeria

Newsone Nigeria

Newsone Nigeria is a digital news media in Nigeria. We deliver news just the way you love it. Connect with us on Facebook and Twitter.

Next Post
Dangote Cement is the Platinum winner of ICAN, NGX’s Corporate Reporting Award

Dangote Cement is the Platinum winner of ICAN, NGX’s Corporate Reporting Award

About Us

Newsone Nigeria (newsoneng.com) is a modern media house with a different view of news gathering and delivery. We are aware of the fake news trend in online media and have taken up the challenge to correct this ugly trend.

Relevant Pages

  • About Us
  • Advertise With Us
  • Contact Us
  • Privacy Policy

Reach Us

11 Fashe street, Olowoira, Ojodu-Berger, Lagos Nigeria.


Tel: +234 7054546495


admin@newsoneng.com

Alert Us

Important Press Releases, Breaking Stories, Special Investigations: admin@newsoneng.com.

© NewsOne Nigeria

No Result
View All Result
  • Home
  • Africa
  • Newsone Nigeria Partners
  • Entertainment
  • News
  • Politics
  • World News

Copyright © 2025 NewsOne Nigeria