Nigeria’s December 2025 inflation figure, scheduled for release by the National Bureau of Statistics (NBS) this Thursday, is expected to record a noticeable uptick, a development analysts say should not be mistaken for a fresh surge in prices or a breakdown in macroeconomic stability.
As the country raises its flag for 65 years, the noble theme: “All Hands-on Deck for a Greater Nation,” filled the air. Yet, standing here, speaking from the streets, markets, classrooms, one can only wonder whose hands are being summoned this time around.
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).
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.
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...