Inflation

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...

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...