Nigeria's Inflation Rate Drops to 15.15% in December - NBS Report

The National Bureau of Statistics (NBS) reported a decrease in Nigeria's inflation rate to 15.15% in December, down from 17.33% in November. The inflation drop was attributed to an artificial spike in December 2025, induced by base effect methodology.

The Consumer Price Index (CPI) rose by 1.2% in December 2025. The year-on-year headline inflation rate for December 2025 was 19.65% lower than the rate recorded in December 2024.

This decrease in inflation was significant, reflecting the economic dynamics in Nigeria.