CBN reforms: FX stability, $37.43b foreign reserves ease inflation

Nigeria’s inflation rate has continued to cool, falling to 22.22 per cent in June from 22.97 per cent in May 2025. This represents a 0.75 per cent decline. Compared to June 2024, when inflation stood at 34.19 per cent, the new figure marks a significant 11.97 per cent drop and a pullback from…