Inflation
4 LAS News stories tagged “Inflation”, newest first. Every story links its sources.
Nigerian Finance Minister admits households spend 120% of income on food
Taiwo Oyedele stated at Chatham House that soaring food prices force many Nigerians to borrow money, with food inflation outpacing headline inflation.
LAS News Desk · 27 Oct 2026, 10:46 WAT · 2 sources
Nigeria targets single-digit inflation by 2027 despite rising lending rates
Finance Minister Taiwo Oyedele announced a goal to bring inflation below 10 percent by late 2027, aiming to lower borrowing costs, even as average lending rates increased to 32.62 percent in September.
LAS News Desk · 27 Oct 2026, 04:46 WAT · 2 sources
Nigeria sets 7% growth target, aims to outpace IMF forecast
Nigeria's finance minister announced a 7% economic growth goal for 2027, contrasting with the IMF's 4.3% projection, and outlined fiscal measures to curb inflation and stabilise the naira.
LAS News Desk · 18 Oct 2026, 08:45 WAT · 2 sources
Nigeria's headline inflation eases to 14.6% in September as energy costs jump
The National Bureau of Statistics reported a fall in overall inflation to 14.63% in September 2026, the fourth consecutive monthly decline, while energy inflation more than doubled to 10.85% and food prices remained high.
LAS News Desk · 15 Oct 2026, 19:15 WAT · 10 sources