BREAKING: Nigeria’s Inflation Rises To 15.69% [DETAILS]
Nigeria’s headline inflation rate rose to 15.69% in April 2026, up from 15.38% recorded in March 2026, reflecting a continued but uneven rise in consumer prices across the country.
The Genius Media Nigeria reports that According to the latest CPI data released by the National Bureau of Statistics, the figure, however, shows a decline compared to the same period in 2025, when inflation stood significantly higher at 26.82%, indicating a year-on-year easing despite recent monthly increases.
The report revealed that the April 2026 inflation rate represents a 0.31 percentage point increase from the previous month, underscoring renewed price pressures after a brief moderation in March.
On a month-on-month basis, however, inflation slowed sharply.
The index stood at 2.13% in April 2026, a notable decline from 4.18% recorded in March 2026, representing a 2.05 percentage point drop.
