Inflation

November 15, (THEWILL) - Nigeria’s headline inflation rate increased to 33.88 percent in October 2024, showing 1.18 percent points higher compared to the 32.70 percent recorded in September 2024, the National Bureau of Statistics said...

October 15, (THEWILL) – Nigeria’s inflation has jumped to 32.70 percent in September from 32.15 percent recorded in August, reflecting an increase of 0.55%. the National Bureau of Statistics (NBS) disclosed in its latest Consumer Price Index (CPI) and...

September 29, (THEWILL) – A few days ago, when the National Bureau of Statistics (NBS) released the inflation figures for August 2024, the Nigerian National Petroleum Company Limited (NNPCL) also issued a new fuel pricing template. Curiously, while the...

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...