CPI

Business

CPI Rebasing, Stable Naira Mask Operating Challenges Against Businesses

Sam Diala, THEWILL -
February 23, (THEWILL) – The recent rebasing of Nigeria’s Consumer Price Index (CPI), as announced by the National Bureau of Statistics (NBS) and the momentary stability of the naira in the foreign exchange market, are capable of obscuring the...
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UPDATED: Nigeria’s Inflation Hits 27.3% In October

Aina Ojonugwa, THEWILL -
November 15, (THEWILL) – Nigeria’s inflation rose to 27.33 percent in October 2023, up from 26.72 percent in the previous month of September, the National Bureau of Statistics (NBS) said Wednesday in its consumer price index (CPI) report. The consumer...
Business

Nigeria’s Inflation Rate Hits 25.80% In August – NBS

Aina Ojonugwa, THEWILL -
September 15, (THEWILL) – Nigeria’s annual inflation rate rose from 24.08% in July 2023 to 25.80% in August 2023, the National Bureau of Statistics (NBS) said in its Consumer Price Index (CPI) August 2023 report on Friday. According to the...
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EditorialTHEWILL -

THEWILL EDITORIAL: A Rate cut must now Reach the Real Economy

The Central Bank of Nigeria’s (CBN) decision to cut the Monetary Policy Rate (MPR) from 26.5 per cent to 23 per cent is a significant development for an economy that has endured an exceptionally tight monetary environment
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