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Nigeria’s inflation rises to 15.15% in December

John Egbokhan by John Egbokhan
January 15, 2026
in Business
Nigeria’s inflation rises to 15.15% in December
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The inflation rate in Nigeria rose to 15.15 percent in December 2025 from 14.45 percent in November.

This is based on the latest Consumer Price Index and inflation data by the National Bureau of Statistics released on Thursday.

The data showed that the country’s inflation spiked by 0.7 percent on a month-to-month basis.

Meanwhile, food inflation went down by 1.49 percent to 10.84 percent in December, down from 11.08 percent in November.

Accordingly, on a year-on-year basis, food inflation eased from 39.84 percent in December 2024.

“The Consumer Price Index (CPI) rose to 131.2 in December 2025, up by 0.7 points from the previous month (130.5).

“The December 2025 year-on-year headline inflation rate stood at 15.15 percent relative to the November 2025 headline inflation rate (17.33 percent).

“On a year-on-year basis, the December headline inflation rate was 19.65 percent lower than the rate recorded in December 2024 (34.80 percent).

“This shows that the headline inflation rate (year-on-year basis) decreased in December 2025 compared to the same month in the preceding year (i.e., December 2024), though with a different base year, November 2009 = 100,” the report by NBS stated.

 

Tags: #InflationNBS
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John Egbokhan

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