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...
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,...
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...
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...
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...
The National Drug Law Enforcement Agency (NDLEA) has arrested a 34-year-old South African woman, Qhina Beauty, with 36.65 kilograms of cocaine at the Murtala Muhammed International Airport (MMIA), Ikeja, Lagos, as the agency intensified its crackdown on international and domestic drug trafficking networks.