NBS: National Inflation Hits 15.69%

NBS: National Inflation Hits 15.69%

Nigeria’s brief season of cooling prices has come to an abrupt end. The headline inflation rate rose to 15.69% in April, up from 15.38% in March. Data from the National Bureau of Statistics shows that the modest economic gains recorded during the first quarter are rapidly melting away. This unexpected reversal shatters local hopes that…

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Food, Transport  Push Nigeria’s April Inflation To 15.69%

  Nigeria’s headline inflation rate edged higher in April 2026, rising to 15.69 percent from 15.38 percent recorded in March, as persistent pressure from food prices, transport fares, hospitality costs, and healthcare expenditure continued to squeeze household budgets across the country. The National Bureau of Statistics disclosed this in its Consumer Price Index report released…

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March Inflation Hits 15.38%

  Nigeria’s headline inflation rate rose to 15.38 per cent in March 2026, snapping a year-long easing trend and signalling renewed pressure on household budgets across the country. The National Bureau of Statistics disclosed the figures in its Consumer Price Index report released on Wednesday. The increase marks the first time the headline inflation rate…

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Food Inflation Returns to Double Digits

  Nigeria’s food inflation rate climbed back into double-digit territory in February 2026, rising to 12.12 per cent and reversing the single-digit slowdown recorded just one month earlier, according to data released by the National Bureau of Statistics on Monday. The February figure represents a sharp month-on-month increase of 3.23 percentage points from the 8.89…

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