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Nigeria’s inflation climbs to 15.93%...

Nigeria’s headline inflation rate rose to 15.93...

Nigeria’s inflation climbs to 15.93% in May, marking third consecutive increase

Nigeria’s headline inflation rate rose to 15.93 percent in May 2026, according to the latest Consumer Price Index (CPI) report released by the National Bureau of Statistics (NBS) on Monday. The figure represents a slight increase from the 15.69 percent recorded in April 2026, making it the third consecutive monthly rise this year. However, the rate remains significantly lower than the 26.06 percent recorded in May 2025. According to the NBS, the headline inflation rate increased by 0.24 percentage points compared to the previous month. READ ALSO: Tinubu approves ₦10bn emergency fund to...
Abdullahi Mustapha Haruna -
Business & Economy

Nigeria’s inflation climbs...

Nigeria’s headline inflation rate rose to 15.93 percent in May 2026, according to the latest Consumer Price Index (CPI) report released by the National...
Abdullahi Mustapha Haruna -
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