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Nigeria’s Inflation Rate Jumps To 15.15%

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The National Bureau of Statistics (NBS) on Thursday revealed that Nigeria’s headline inflation rate rose to 15.15 percent in December 2025.

The disclosure was made in the latest Consumer Price Index (CPI) report by the bureau.

According to the NBS, CPI, which measures the changes in prices of goods and services, 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% relative to the November 2025 headline inflation rate (17.33%),” the report said.

Naijaonpoint reports that the increase in the headline inflation to 15.15% is the first in eight months.

The NBS noted that recent adjustments in its CPI methodology explained projected spikes in December’s figures, emphasizing that 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 percent in December 2025, down from 39.84 percent 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.

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