Nigeria’s Inflation Rises To 15.69% In April — NBS

Nigeria’s headline inflation rate rose slightly to 15.69 per cent in April 2026, from 15.38 per cent recorded in March 2026, according to the latest Consumer Price Index report released by the National Bureau of Statistics.
The bureau, however, said the latest figure represented a sharp decline when compared to the 26.82 per cent recorded in April 2025.
The report followed the completion of the rebasing of the Consumer Price Index, which is now benchmarked to a new base year of 2024 and a weight reference period of 2023.
According to the statistics agency, the CPI rose to 138.3 points in April 2026, reflecting a 2.9-point increase from the preceding month.
On a month-on-month basis, h...