Inflation

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...

August 20, (THEWILL) - The Equities market closed the week of August 14 in the negative territory.. The NGX All-Share Index and Market Capitalization depreciated by 0.93% and 0.42% to close the week at 64,721.09 and N35.422 trillion respectively, resulting...

August 15, (THEWILL) - Nigeria’s headline inflation rate for the month of July 2023, increased to 24.08%, compared to 22.79% recorded in June 2023, the National Bureau of Statistics (NBS), said on Tuesday, in its Consumer Price Index...

The latest report from Stanbic IBTC on Nigeria's Purchasing Managers' Index (PMI) reveals a PMI reading of 51.7 for July, marking a slight dip of 1.5 index points from June's figure of 53.2. While this reading still indicates continued...