Nigeria’s headline inflation rises to 15.15% – NBS
NBS rebased the Consumer Price Index, reporting a 15.15% inflation rate in December 2025, down 19.65% from December 2024, reflecting methodological adjustments.
- The National Bureau of Statistics released figures showing Nigeria's headline inflation at 19.650% and the CPI at 131.2 in December 2025.
- The NBS said it moved to a 12-month index reference period, equating the average CPI for 2024 to 100 instead of a December 2024 single-month base to avoid a base-effect spike.
- On a year-on-year basis, the report shows December 2025 headline inflation was 19.65% lower than December 2024, and the month-on-month rate was 0.54%, 0.69% below November 2025.
- The re-reference changes the raising factor for 2024 CPI series and January–November 2025 year-on-year rates, and NBS published revised Excel tables on the NBS website.
- The NBS noted the move follows IMF and ECOWAS guidance, framing the change as methodological, with all of 2024 equated to 100 to address base-effect distortion, as per IMF CPI manual Section 9.125 and ECOWAS Manual.
11 Articles
11 Articles
Inflation Drops To 15.15% In December - NBS
The National Bureau of Statistics (NBS) has stated that Nigeria’s Headline Inflation dropped to 15.15 percent in December 2025. Daily Trust reports that the figure is higher than 14.45% reported in November but the adjustment in the Consumer Price Index (CPI) increased the figure to 17.33 percent. The NBS in its monthly report said the December 2025 year-on-year Headline inflation rate, including all other sub-indexes were obtained through maxim…
Nigeria’s Inflation Eases to 15.15% in December 2025
Nigeria’s headline inflation rate eased again in December 2025, dropping to 15.5 per cent from 17.33 per cent. This marks a continued slowdown in price pressures toward the year’s end, according to the latest Consumer Price Index (CPI) report from the National Bureau of Statistics (NBS). The data reflects a significant deceleration from the 34.80 per cent recorded in December 2024. On a month-on-month basis, inflation stood at 0.54 per cent, low…
Nigeria's Inflation Rate Hits 15.15% in December 2025 as Food Prices Ease
Nigeria’s Inflation Rate Hits 15.15% in December 2025 as Food Prices Ease Nigeria’s headline inflation rate stood at 15.15% in December 2025, according to data released today by the National Bureau of Statistics (NBS), marking a significant shift in the country’s economic landscape as food prices experienced an unexpected decline during the festive season. The […] The post Nigeria’s Inflation Rate Hits 15.15% in December 2025 as Food Prices Ease…
Nigeria’s inflation rises to 15.15% in December
Nigeria’s inflation increased to 15.15 percent in December 2025 from 14.45 percent in November. This is according to the latest Consumer Price Index and inflation data by the National Bureau of Statistics released on Thursday. The data showed that the country’s inflation spiked by 0.7 percent on a month-to-month basis. Meanwhile, food inflation declined by […]
Nigeria’s inflation rate now 15% — first increase in eight months
The National Bureau of Statistics (NBS) says Nigeria’s headline inflation rate rose to 15.15 percent in December 2025. The NBS announced the rate in its latest consumer price index (CPI) report, released on Thursday. The data bureau said the CPI, which measures the changes in prices of good and services, rose to “131.2 in December 2025, up by 0.7 points from the previous month (130.5)”. “The December 2025 year-on-year Headline inflation ra…
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