Nigeria’s headline inflation rate is forecasted to average 30.5 per cent year-on-year in 2025, eventually settling at 27.1 per cent by December 2025, according to the latest NESG-Stanbic IBTC Business Confidence Monitor report.
The projection hinges on expectations that inflation will remain persistent through the first nine months of 2025 but decline below 30% by September 2025, as the high petrol costs of 2024 are smoothed out of year-on-year calculations—barring unforeseen…
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