Nigeria’s headline inflation rate has slightly dropped to 23.71 percent in April 2025, down from 24.23 percent in March, according to the National Bureau of Statistics.
The NBS announced the decrease in its consumer price index on Thursday.
This development comes as a welcome relief to Nigerians who have been grappling with rising prices of goods and services in recent times.
The inflation rate drop is expected to have a positive impact on the economy and the purchasing power of Nigerians.
