Just in: Inflation spikes to 15.69% in April

Nigeria’s headline inflation rate rose to 15.69 per cent in April 2026, up from 15.38 per cent recorded in March.

According to the latest Consumer Price Index (CPI) report from the National Bureau of Statistics (NBS), this reflects a 0.31 percentage point increase.

The latest figure, however, remains lower than the 26.82 per cent reported in April 2025.

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On a month-on-month basis, headline inflation eased to 2.13 per cent in April from 4.18 per cent in March, indicating a slower pace in the rise of average prices despite the sustained upward trend in the annual rate.

More details to follow…

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