Nigeria’s inflation rate rises to 15.15%

The National Bureau of Statistics (NBS) has announced that Nigeria’s headline inflation rate increased to 15.15 per cent in December 2025.

According to the NBS, the inflation rate rose from 14.45 per cent recorded in November 2025.

The bureau made this known via its Consumer Price Index (CPI) report for December 2025, which was released on Thursday, January 15, 2026.

The report showed that inflation remains significantly lower than the 34.8 per cent recorded in December 2024.

On a month-on-month basis, the headline inflation rate in December 2025 was 0.54 per cent, a 0.69 percentage point decrease from November’s 1.22 per cent.

The NBS stated that recent adjustments in its CPI methodology explained projected spikes in December’s figures.

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The NBS said the changes were technical and not reflective of deteriorating economic conditions.

Food inflation, a major component of overall inflation, also recorded a sharp decline.

On a year-on-year basis, it stood at 10.84 per cent in December 2025, down from 39.84 per cent recorded in December 2024.

The decrease was largely driven by falling prices of tomatoes, garri, eggs, potatoes, carrots, millet, vegetables, plantain, beans, wheat grain, grounded pepper, and onions.

Regionally, the highest year-on-year food inflation was observed in Yobe (15.25%), Ogun (14.12%), and Abuja (13.24%), while the slowest increases were recorded in Akwa Ibom (4.34%), Sokoto (4.62%), and Plateau (6.19%).

On a month-on-month basis, food inflation was highest in Imo (3.19%), Nasarawa (3.16%), and Yobe (1.18%), while Plateau (-2.76%), Rivers (-2.5%), and Zamfara (-1.93%) experienced declines.

The Star