Inflation Archives - Independent Digital News Network

Nigeria’s 350bp rate reset puts borrowing costs, bond returns and bank pricing in play

Nigeria’s policy rate has fallen sharply, but cheaper money is not yet guaranteed. The next test is whether the CBN’s 350-basis-point reset reaches government borrowing, bank lending, investors and the real economy.

CBN Surveys Show Business Activity Expanding as Household Confidence Weakens

IDNN1 month ago1 month ago0

Nigeria’s business activity expanded again in September, but CBN survey reporting shows household confidence deteriorating as consumers remain under pressure from prices and weak personal finances

CBN resets policy rate to 23% as businesses push banks for cheaper loans

IDNN1 month ago1 month ago0

The CBN has reset its Monetary Policy Rate to 23% from 26.5%. Businesses want cheaper credit, but the real test is whether banks actually reprice loans and expand access to finance.

Tinubu Economy Reboot: FG Targets 500 CNG Stations as Manufacturers Flee Bank Loans

IDNN12 months ago12 months ago0

Nigeria’s economic landscape is shifting as the federal government launches a plan for 500 CNG stations in three years while manufacturers abandon expensive bank loans for bonds and retained earnings. The dual transition—energy reform and corporate financing realignment—signals a new phase in the Tinubu administration’s push to stabilise fuel costs, reduce inflation and cut industrial debt risks.

FG EXCEEDS 2025 BORROWING TARGET BY 55.6% — ECONOMISTS SOUND ALARM ON DEBT SPIRAL

IDNN12 months ago12 months ago0

🧮 The Math Behind the Mayhem Fresh figures from the Debt Management Office show ₦15.8 trillion raised from domestic investors and ₦1.56 trillion from foreign...

Rice Price Crash in Lagos Markets Leaves Traders Counting Losses

IDNNOct 29, 202529.10.20250

Across major Lagos markets — from Mile 12 to Daleko and Oke-Arin — the aroma of rice has turned sour for traders. A 50kg bag...

Farmers Clash With FG Over Food Price Drop, Say Import Waivers Crippling Local Markets

IDNNOct 28, 202528.10.20250

Nigeria’s farmers have accused the Federal Government of destroying rural markets through indiscriminate import waivers, arguing that the recent fall in food prices masks widespread economic dislocation. The Ministry of Agriculture insists its policies are easing inflation, but producers say they face collapsing incomes, unsold produce, and worsening debt across grain and vegetable belts.

Confidence Abroad, Contraction at Home: The Split Reality of Nigeria’s 2025 Economy

IDNNOct 28, 202528.10.20250

Nigeria is winning praise abroad but losing traction at home. From FATF reforms that restored global confidence to Dangote’s refinery expansion signaling industrial ambition, the country looks renewed on paper — yet on the ground, manufacturing is stalling, demand is collapsing, and inflation keeps biting. This is Nigeria’s new economic paradox.

Tinubu @65: Economic Milestones vs Nigerians’ Reality

IDNNOct 2, 202502.10.20250

President Bola Tinubu marked Nigeria’s 65th Independence Day by listing 12 “remarkable economic milestones,” but citizens question the impact amid high living costs.

CBN naira abuse warning: Cardoso urges Nigerians to keep currency clean

IDNNSep 20, 202520.09.20250

The Central Bank of Nigeria has warned against spraying, hawking, or mutilating the naira, calling it a national symbol that must be treated with respect.