...Experts urge "caution" Beneath the volatility of headline inflation, Nigeria’s underlying price pressures are cooling. Core inflation, which excludes volatile food and energy costs, has trended downward from 2023 into early 2026, according to the National Bureau of Statistics (NBS). The shift gives policymakers a clearer view of sustained cost dynamics and a stronger basis for a possible rate cut. At the end of 2023, the core rate remained elevated, reflecting persistent cost pressures across services and non-food sectors. By
...Experts urge "caution" Beneath the volatility of headline inflation, Nigeria’s underlying price pressures are cooling. Core inflation, which excludes volatile food and energy costs, has trended downward from 2023 into early 2026, according to the National Bureau of Statistics (NBS). The shift gives policymakers a clearer view of sustained cost dynamics and a stronger basis for a possible rate cut. At the end of 2023, the core rate remained elevated, reflecting persistent cost pressures across services and non-food sectors. By