ABUJA – July 17, 2025 Nigeria’s annual inflation rate declined to 22.22% in June 2025, marking a marginal but notable easing from the 23.24% recorded in May, according to new data released by the National Bureau of Statistics (NBS). The report, which offers cautious optimism, indicates a slowdown in the rate at which prices of
In a development that briefly calmed economic jitters, the United States saw a modest decline in its inflation rate for the month of April, with consumer prices easing to 2.3% year-on-year, according to data released by the U.S. Bureau of Labor Statistics. The figure, though a slight drop from previous months, has been described by
The rising cost of housing in Nigeria is making it increasingly difficult for individuals to achieve their dream of homeownership, according to the CEO of Point1 Homes. The executive highlighted the challenges posed by the current housing market, where escalating prices are pricing out potential homebuyers. The CEO emphasized that the situation demands innovative solutions
