inflation rate

The Digest: Nigeria's headline inflation rate fell to 16.05% in October 2025, marking the seventh consecutive monthly decline this year as reported by the National Bureau of Statistics. Key Points: The NBS released the Consumer Price Index report for October 2025 on Monday. The latest...

The Digest: Nigeria’s headline inflation rate has declined for the fifth month in a row, dropping to 21.12% in August 2025, down from 21.88% in July, according to the latest data from the National Bureau of Statistics (NBS). The continued slowdown, driven by falling food prices, offers a sign...

The Digest: In July 2025, Nigeria's inflation rate decreased to 21.88%, down from 22.22% in June. This marks the fourth consecutive disinflation recorded in the year. According to the National Bureau of Statistics (NBS), the drop reflects an ongoing trend towards lower inflation. Key Points...