The National Bureau of Statistics (NBS) has announced that Nigeria’s headline inflation rate dropped to 22.22 per cent in June 2025.
Nigeria’s inflation rate dropped from 22.97 per cent recorded in May 2025.
The NBS announced this via its Consumer Price Index (CPI) released on Wednesday, July 16.
UK inflation rises to over one-year high in June
The bureau stated: “On a year-on-year basis, the headline inflation rate was 11.97% lower than the rate recorded in June 2024 (34.19%).
“On a month-on-month basis, the headline inflation rate in June 2025 was 1.68%, which was 0.15% higher than the rate recorded in May 2025 (1.53%).
“This means that in June 2025, the rate of increase in the average price level was higher than the rate of increase in the average price level in May 2025.”
Kaduna State Governor, Uba Sani, has commended President Bola Tinubu for fulfilling his campaign promise…
Zenith Bank has confirmed that hackers breached its database, resulting in the compromise of limited…
President Bola Tinubu has declared that Nigeria is poised to lead Africa's renewable energy revolution…
Afrobeats superstar David Adeleke, popularly known as Davido, has revealed that he is a devoted…
The Federal Government of Nigeria is to spend N924 billion yearly as salary bill for…
Lagos State Governor Babajide Sanwo-Olu on Tuesday said his administration has empowered about 40,000 residents…
This website uses cookies.