Inflation

Nigeria’s Inflation Further Slows To 20.12% In August – NBS

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...

Nigeria’s Inflation Rate Drops To 22.22% In June — NBS

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...

UK Inflation Rises to 3.6% In June 2025

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...

Nigeria: World Bank Projects Lower Inflation In 2025, Faults NNPC For Withholding Subsidy Savings

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...

Nigeria’s Inflation Dropped To 24.48% In January After CPI Rebasing – NBS

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...

Nigeria’s Inflation Hits 33.88% In October Amid High Food Prices

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...

Nigeria’s Inflation Jumps To 32.7% In September – NBS

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...

Fuel Pricing, Inflation And Nigeria’s Economic Stagnation

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...

Nigeria’s Inflation Drops To 32.15% In August 2024 – NBS

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...

Food Crisis Looms as Prices Rise by Over 250% in One Year

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...
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Amupitan Not Resigning, INEC Tells Nigerians

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