Stable Naira Expected to Push Inflation Down to 15% in H1 2025
By Nasir Dambatta
Economic analysts predict that Nigeria’s inflation rate could drop to 15% in the first half of 2025, driven by the recent stability of the naira. A steadier exchange rate is expected to ease import costs and improve price stability, providing relief for businesses and consumers alike.
Experts argue that the Central Bank of Nigeria’s monetary policies, alongside increased foreign exchange inflows, have played a key role in strengthening the naira. With inflation currently at high levels, a downward trend could signal economic recovery and improved purchasing power for Nigerians.
However, sustained stability will depend on factors such as global commodity prices, fiscal policies, and government efforts to curb excessive spending.
