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Inflation Rate Eases to 22.22% in June

Nigeria’s inflation rate eased to 22.22% in June 2025, down from 22.97% recorded in May, according to the latest Consumer Price Index (CPI) report by the National Bureau of Statistics (NBS).

Headline Inflation Drops to 23.7%

The National Bureau of Statistics (NBS) says Nigeria’s headline inflation rate slightly dropped to 23.71 percent in April 2025 – down from the 24.23 percent in March.

Inflation Rises to 24.23% in March

Nigeria’s headline inflation rate rose to 24.23 percent in March, the National Bureau of Statistics (NBS) has stated.

CPI Rebased to Capture Current Market Volatility – NBS

CPI Rebased to Capture Current Market Volatility – NBS The National Bureau of Statistics (NBS) has disclosed that its rebased Consumer Price Index will better reflect current price volatility and provide a clearer understanding of economic trends in Nigeria. According to a press statement on Monday...

Inflation Increases to 34.19% Amid Soaring Food Prices

Inflation Increases to 34.19% Amid Soaring Food Prices Nigeria’s inflation rate increased to 34.19 percent in June 2024 from 33.95 percent in May. The data is captured in the National Bureau of Statistics (NBS) in its consumer price index (CPI) report for June, released on Monday. The...

Headline Inflation Surges to 33.95% in May

Headline Inflation Surges to 33.95% in May Again, Nigeria’s inflation rate increased to 33.95 per cent in May 2024 according to the latest data from the National Bureau of Statistics. This represents a month-over-month increase of 0.26 per cent points in the headline inflation rate from...