Nigeria Inflation

IMF Downgrades Nigeria’s Economic Growth Projection

October 10, (THEWILL) - The International Monetary Fund (IMF) has downgraded Nigeria’s economic growth projection – to decline from 3.3 per cent in 2022 to 2.9 per cent in 2023, The Washington-based lender made this known in its “World Economic...

Oye To Lead Conversation On Good Governance At ICCN Dinner

October 01, (THEWILL) - The National President of the Nigerian Association of Chambers of Commerce, Industry, Mines, and Agriculture (NACCIMA), Dele Kelvin Oye, Esq., has been confirmed as the keynote speaker at the 2023 International Chamber of Commerce Nigeria...

Nigeria’s Inflation Soars To 25.80% Amid Rise In Food Prices

September 17, (THEWILL) - Nigeria’s annual inflation rate rose to 25.80 per cent in August from 24.08 per cent in the previous month, the National Bureau of Statistics (NBS) said Friday. The statistics office said the August headline inflation rate...

Nigeria’s Inflation Rate Hits 25.80% In August – NBS

September 15, (THEWILL) – Nigeria’s annual inflation rate rose from 24.08% in July 2023 to 25.80% in August 2023, the National Bureau of Statistics (NBS) said in its Consumer Price Index (CPI) August 2023 report on Friday. According to the...

Nigeria Needs Secondary Market For Businesses

August 27, (THEWILL) - In the twilight of the Buhari administration, the super minister – Sheikh Pantami, got a few bills signed pertaining to his huge portfolio. One of such successful bills which became an Act, is the Nigerian...

Nigeria’s Inflation Rate Climbed to 24.08% in July, Highest in 15 Years

August 15, (THEWILL) - Nigeria's inflation rate hit 24.08 percent in July 2023, according to the National Bureau of Statistics (NBS) monthly Consumer Price Index (CPI) report on Tuesday. This is the highest rate reported in 15 years since 2008...

Week Ahead: Nigeria Inflation, Fed Minutes and Oil In Focus

August 14, (THEWILL) - Inflationary pressures are gradually easing across the globe but remain rampant in Africa’s largest economy. Unlike the United States which has witnessed consumer prices coming down from a peak of 9.1% in June 2022,...

Inflation: Impacting Health, Cost-of-Living And Businesses

The current economic situation of many Nigerians, be they unemployed, employed or small business operators is, to say the least, perplexing and confusing. Inflation continues to worsen the cost of living of the populace eroding the purchasing power of...

Aggressive Reforms Being Implemented To Boost Nigeria’s Economy – Tinubu

President Bola Tinubu on Friday, in Abuja, reassured Nigerians that he will leave no stone unturned in his efforts to evolve policies that will benefit all. Speaking at a meeting held at the State House with the Board of...

Nigerians Should Brace Themselves For Impact Of Reforms – Ike Chioke, GMD, Afrinvest

Group Managing Director, Afrinvest (West Africa) Limited, Mr Ike Chioke, spoke with journalists on the sidelines of the company’s mid-year investment parley in Lagos. SAM DIALA was there. Excerpts: Your mid-year review is entitled ‘Turning Point’. Can you explain this? It...
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Inside FG’s Ecological Intervention for Kano Farmers

Faruku Musa Haruna and other farmers in Kumfada used to pool their money to buy plastic sheets, trapping enough water to irrigate small patches of land. They wanted to keep farming after the rains, but their ambitions depended on how much water they could save.
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