Lagos State recorded Nigeria’s highest headline inflation rate at 23.68 percent in August 2026, significantly above the national inflation rate of 15.39 percent, according to the...
Adamawa State recorded Nigeria’s highest food inflation rate at 38.85 percent in August 2026, nearly double the national food inflation rate of 19.57 percent. The latest...
Nigeria’s headline inflation rate eased to 15.39 percent in August 2026, extending its decline for a third consecutive month as food prices and broader consumer price...
Nigeria’s inflation remains heavily concentrated around everyday living costs with food, transport, housing and restaurant services accounting for 72% of the country’s overall price pressure in...
Food, transport, housing and restaurant services accounted for about 72% of Nigeria’s inflation in July 2026. An analysis of the latest Consumer Price Index report from...
Nigeria’s average inflation rate fell sharply over the past year, dropping by 12.21 percentage points as the sustained slowdown in consumer price growth strengthened the country’s...
Nigeria will get a fresh reading on the direction of consumer prices on Saturday when the National Bureau of Statistics is expected to release its Consumer...
The Central Bank of Nigeria (CBN) has reaffirmed its commitment to reducing inflation to single digits over the medium term through data-driven monetary policy and improved...
The Centre for the Promotion of Private Enterprise (CPPE) has cautioned that the build-up to Nigeria’s 2027 general elections could create new economic challenges if rising...
Nigeria’s headline inflation rate increased to 15.93 percent in May 2026, up from 15.69 percent recorded in April 2026, according to the latest Consumer Price Index...