Inflation

The National Pension Commission (PenCom) has stepped up its regulatory oversight measures to ensure adequate service delivery as the economy struggles. The market-propelled policies of the new government has triggered severe economic challenges that have seen businesses shut down or...

The Nigeria Employers Consultative Association has warned that the continuous rising of inflation, if not controlled can hit 25 per cent before the end of the years 2023. The Director-General, NECA, Mr. Wale Oyerinde, In a statement, said the recent...

Hunger is violence. Many freaks, upheavals and misfortunes of history were by the fashioning of hunger. Hunger is a maximum ruler. It sets in motion inexorable forces of chaos and anarchy. The French Revolution had the spurring of hunger. In...

July 17, (THEWILL) - Nigeria’s inflation rate soared from 22.41% in May 2023, to 22.79% in June 2023, the National Bureau of Statistics (NBS), said on Monday, in its “CPI and Inflation Report" for June 2023. According to the...

May 15, (THEWILL) – Nigeria’s annual inflation rate rose to 22.22 per cent in April from 22.04 per cent in the previous month, the National Bureau of Statistics (NBS) said Monday. The statistics office said the April 2023 inflation rate...

February 15, (THEWILL) - Nigeria’s inflation rate rose from 21.34% in December 2022, to 21.82 % in January 2023, the National Bureau of Statistics (NBS) said on Wednesday According to the NBS, the January 2023 inflation rate showed...

October 3, (THEWILL) – Turkey's annual inflation reached a new 24-year high of 83.45 per cent in September, the Turkish Statistical Institute said in a report on Monday. Month-on-month, consumer prices rose by 3.08 per cent, the Institute added. It was...

June 15, (THEWILL) - Nigeria's annual inflation fell for the second straight month in May to 17.93 percent, the statistics office said on Tuesday, countering the impact of rising food prices and a recent currency devaluation. The bureau said the...

BEVERLY HILLS, April 19, (THEWILL) - The upward trend of inflation rate in Nigeria is not a good omen. Nigeria recorded 18.17 percent rise in inflation rate in the month of March 2021 as against 17.33 percent in February...

BEVERLY HILLS, March 16, (THEWILL) - The consumer price index (CPI) for measuring inflation increased by 17.33 percent (year-on-year) in February 2021, depicting a 0.86 percent points higher than the rate recorded in January 2021 (16.47) percent. Food inflation stood at...