Price
The Central Bank of Nigeria (CBN) has raised concerns that rising input costs across key sectors could spark a new wave of consumer price inflation. According to the CBN’s June 2025 Purchasing Managers’ Index (PMI) report, businesses are currently absorbing these costs, but this trend is unlikely to be sustainable in the long term. […]
Nigeria’s crude oil production fell last month after two consecutive months of increase, putting a damper on the government’s drive to ramp up its foreign exchange earnings and stabilise the naira. Crude oil production declined to 1.56 million barrels per day in October, indicating a 0.65 per cent drop from the preceding month, a new […]
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