Inflation

September 16, (THEWILL) – Nigeria’s headline inflation rate dropped to 32.15 per cent for the month of August 2024, representing a 1.25% percentage point decrease from the 33.4 per cent recorded in July 2024, the National Bureau of Statistics...

July 28, (THEWILL) - There are fears of an imminent food crisis as prices of basic items have skyrocketed – hitting over 250 percent in one year, according to a report by the National Bureau of Statistics (NBS). The report...

March 15, (THEWILL) - Nigeria’s inflation rate rose to 31.70 per cent in February from 29.90 per cent recorded in January 2024. This figure indicates an increase of 1.80 per cent, the National Bureau of Statistics said...

March 03, (THEWILL) - Mr Ambrose Agada is a transporter and trader at the popular Ile-Epo Food Market in Alimosho Local Government Area of Lagos State. Every day, since the past three weeks, he watches helplessly as his record...

January 15, (THEWILL) - Nigeria’s annual inflation rate reached the highest level in over 27 years hitting 28.92 percent in December 2023 from 28.20 percent in November, the National Bureau of Statistics (NBS) said Monday. The statistics...

December 15, (THEWILL) – Nigeria’s annual inflation rate rose to 28.20 percent in November from 27.33 percent in the previous month, the National Bureau of Statistics (NBS) said Friday. The statistics office said the November 2023 headline inflation rate showed...

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...

October 16, (THEWILL) - Nigeria’s inflation rose to 26.72% in September, a 0.92%-point rise from the previous month’s 25.80%, the National Bureau of Statistics (NBS) said Monday, in its Consumer Price Index (CPI) report for September 2023. The Bureau also...

October 15, (THEWILL) - The combination of mounting geopolitical risk and Fed rate expectations rocked global financial markets last week. Volatility is likely to intensify over the next few days as investors not only focus on these key...

October 03, (THEWILL) - The National Bureau of Statistics (NBS) has said that the prices of basic food items in Nigeria have continued to soar after the inflation rate climbed another notch in the month of August. In a new...