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Inflation Eases to 20.12% as NBS Confirms Slower Price Increase

Nigeria’s headline inflation rate fell to 20.12 per cent in August, the National Bureau of Statistics (NBS) has reported. The figure, released on Monday in Abuja in the bureau’s Consumer Price Index (CPI) and Inflation Report for August 2025, marked a decline of 1.76 percentage points from 21.88 per cent recorded in July. On a […]

Nigeria’s Inflation Falls to 24.48% as New CPI Methodology Takes Effect

Nigeria’s headline inflation rate fell to 24.48% year-on-year in January 2025, marking a sharp decline from the 34.80% recorded in December 2024. The National Bureau of Statistics (NBS) disclosed this in its latest report, with the Statistician-General of the Federation, Adeyemi Adeniran, making the announcement on Tuesday. Speaking at a press briefing in Abuja, Adeniran […]

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