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Nigeria’s Inflation Drops to 15.15% in December as NBS Adjusts Methodology

Kehinde Giwa by Kehinde Giwa
January 15, 2026
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Nigeria’s Inflation Drops to 15.15% in December as NBS Adjusts Methodology
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Nigeria’s Headline Inflation rate declined to 15.15% in December 2025, according to the National Bureau of Statistics (NBS).

The adjusted figure, which uses a 12-month index reference period, is higher than the 14.45% reported in November.

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The NBS attributed the change to a methodological adjustment, maximizing the index reference period to reflect current inflationary realities.

The Consumer Price Index (CPI) rose to 131.2 in December, up by 0.7 points from November.

On a year-on-year basis, the Headline inflation rate decreased by 19.65% compared to December 2024.

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