The World Bank warns that Nigeria’s persistent inflation, especially food prices, threatens household incomes and economic recovery. Experts urge coordinated fiscal and monetary policies, structural reforms, and targeted social programs to protect vulnerable citizens and promote sustainable growth.

The Central Bank of Nigeria has revised its Standing Facility corridor, lowering SLF and SDF rates to boost interbank liquidity and encourage private sector lending while maintaining the MPR at 27%. Analysts say the move enhances monetary policy transmission and supports real-sector credit.

Nigeria’s GDP grew 4.23% in Q2 2025, up from 3.48% last year, with real estate and non-oil sectors driving growth as CBN projects 4.17% for 2025.