Inflation

Nigeria’s Inflation Rises To 15.15% After Methodology Review

January 15, (THEWILL) — Nigeria’s headline inflation rose to 15.15 percent in December 2025 following a recalibration of the country’s inflation measurement methodology, the National Bureau of Statistics (NBS) said. The revision aims to provide a more accurate reflection...

NESG Optimistic On Nigeria’s Inflation Outlook, Sees Single-Digit Rate By 2029

January 15, (THEWILL) — The Nigerian Economic Summit Group (NESG) has projected that Nigeria’s inflation rate could fall to single-digit levels by 2029, contingent on the sustained implementation of key macroeconomic and structural reforms. NESG noted that the outlook depends...

NBS Moves To Adjust December Inflation Data After Projected Spike

January 13, (THEWILL) — The National Bureau of Statistics (NBS) has indicated plans to “normalise” Nigeria’s December inflation data to account for seasonal distortions that typically cause a spike in consumer prices at year-end. According to the statistics agency,...

UPDATED: Nigeria’s Inflation Eases to 14.45% in November As Price Pressures Subside

December 15, (THEWILL) — Nigeria’s headline inflation rate declined for the eighth consecutive month in November 2025, easing to 14.45 per cent year-on-year, according to the latest Consumer Price Index (CPI) report released on Monday by the National...

Nigeria’s Input Cost Inflation Hits Slowest Pace In Five Years – Report

December 03, (THEWILL) — Input cost inflation in Nigeria eased to its lowest level in five years in the latest assessment of business conditions, according to a new report released this week. The slowdown signals a moderation in the...

World Bank Urges Nigeria To Reduce Import Tariffs To Curb Inflation

November 27, (THEWILL) — The World Bank has called on the Federal Government of Nigeria to lower high import tariffs and review existing import bans as part of urgent measures to tackle the country’s persistent inflation and ease the...

Nigeria’s Inflation Slows Sharply To 16.1%, Raising Expectations Of Big Rate Cut

November 18, (THEWILL) — Nigeria’s inflation rate dropped to 16.1% year-on-year in October 2025, marking the seventh consecutive monthly decline, according to data from the National Bureau of Statistics (NBS). This sharp slowdown came in well below economists’...

Nigeria’s Inflation Rate Eases To 16.05% In October — NBS

November 17, (THEWILL) — Nigeria’s headline inflation rate eased to 16.05% in October 2025, down from 18.02% recorded in September, according to the latest Consumer Price Index (CPI) report released on Monday by the National Bureau of Statistics (NBS). The...

Financial Discipline: The Antidote to Surviving Inflationary Times

November 09, (THEWILL) — Across the world, cities once celebrated for their prosperity, San Francisco, Singapore, London, Zurich, Oslo, and Mumbai, now top the charts of global living costs. Skyrocketing rents, surging food prices, and declining purchasing power have...

Cardoso Optimistic As Inflation Falls Below 20% For First Time Since 2022

October 17, (THEWILL) — Nigeria’s inflation rate fell to 18.02 percent in September 2025, dropping below 20 percent for the first time since 2022. The development, confirmed by the National Bureau of Statistics (NBS), has boosted optimism from Central Bank...
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Amupitan Not Resigning, INEC Tells Nigerians

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