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...

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’...

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...

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...

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...

September 15, (THEWILL) — Nigeria’s headline inflation eased to 20.12% in August 2025, from 21.88% recorded in July, the National Bureau of Statistics (NBS) said on Monday. According to the Bureau, the August 2025 Headline inflation rate showed a...

July 16, (THEWILL) — Nigeria’s annual inflation rate fell to 22.22% in June 2025, down from 22.97% recorded in May, the National Bureau of Statistics (NBS) said on Wednesday. According to the bureau, the June 2025 headline inflation rate reflected...

July 16, (THEWILL) — The annual inflation rate in the United Kingdom rose to 3.6% in June 2025, marking an increase of 0.2% from the 3.4% recorded in the previous month of May, the UK Office for National Statistics...

May 13, (THEWILL) – The World Bank has projected a notable decline in Nigeria’s inflation rate, forecasting that inflation could average just over 22 per cent in 2025—provided the Central Bank of Nigeria (CBN) maintains its current policy...

February 18, (THEWILL) – Nigeria’s headline inflation rate declined from 34.80% in December 2024 to 24.48% in January 2025 following the rebasing of the Consumer Price Index, the National Bureau of Statistics announced on Tuesday. The rebasing...