Inflation

Nigeria’s Headline Inflation Highest In 4 Years, Food Inflation Worst In 12 Years

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...

Nigeria’s Inflation Rate Soars 15.75% In December, Highest In 32 Months

BEVERLY HILL, January 15, (THEWILL) - Nigeria’s inflation rate rose to 15.75 per cent in December 2020, hitting the highest level in 32 months, according to data by the National Bureau of Statistics released Friday. This is 0.86 per cent...

Nigeria’s Inflation Rate Will Average 16% In 2021 – Bismarck Rewane

SAN FRANCISCO, December 23, (THEWILL) - Bismarck Rewane, Managing Director/Chief Executive Officer, Financial Derivatives Company Limited has predicted that the double-digit inflation in the country will remain and average at 16 percent in 2021. He stated this in a report titled,...

Food Prices Increase As Nigeria’s Inflation Hits 14.89 per cent

BEVERLY HILLS, December 15, (THEWILL) - Nigeria’s headline inflation has increased for the15th consecutive month to 14.89 per cent in November 2020, from 14.23 per cent in October. The report which was released on Tuesday by the National Bureau of...
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Amupitan Not Resigning, INEC Tells Nigerians

The commission issued the clarification on Saturday amid growing controversy surrounding the preliminary voters’ register ahead of the 2027 general elections and calls by some Nigerians for Amupitan to step down over alleged irregularities in the registration process.
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