Nigeria’s headline inflation rate eased to 15.43 per cent year-on-year in July 2026, down from 15.91 per cent recorded in June, even as food inflation accelerated sharply during the period. The latest inflation figures released by the National Bureau of Statistics (NBS) on Monday showed that the decline in headline inflation was accompanied by renewed…
Nigeria’s headline inflation rate declined to 14.45 per cent in November 2025, signalling a sustained moderation in price pressures and reinforcing expectations that recent monetary tightening and foreign exchange reforms by the Central Bank of Nigeria (CBN) are beginning to yield results. The figure represents a 1.6 percentage-point drop from the 16.05 per cent recorded…
The National Bureau of Statistics, NBS is out with a new report on the performance of the economy. In the report released on Wednesday, the agency said that Nigeria’s headline inflation rate eased to 18.02 per cent last month. With the September report, the fall in inflation shows a significant moderation from 20.12 per cent…
Analysts at Afrinvest West Africa have projected that Nigeria’s headline inflation will ease further to 21.3 per cent year-on-year in August 2025, supported by foreign exchange (FX) stability, early harvest inflows, and relatively subdued global commodity prices. However, they cautioned that persistent food supply constraints and seasonal factors are likely to sustain upward pressure on…
The National Bureau of Statistics, NBS SAYS there is a decline in the the rate of inflation in Nigeria, going by its survey in May. It says the country’s headline inflation rate for May dropped to 22.97 per cent compared to the preceding month of April, which was 23.71 per cent. The NBS said in…
President Bola Tinubu has asked Nigerians not to be troubled about the rising inflation rate in the country, vowing that his administration would bring it Recently, the National Bureau of Statistics (NBS) stated its report that the countys inflation rose to 31.70 percent in February 2024 against 29.90 percent in January, due to subsidy removal…
