Connect with us

    Hi, what are you looking for?

    News

    Nigeria’s Inflation Rises to 15.15% in Dec Despite Food Price Relief

    Nigeria’s headline inflation rate climbed to 15.15 percent in December 2025 from 14.45 percent in November, according to the latest Consumer Price Index data released Thursday by the National Bureau of Statistics.

    The Consumer Price Index rose to 131.2, up 0.7 points from November’s 130.5, reflecting a 0.7 percent month-on-month spike.

    Year-on-year, December’s rate marked a significant 19.65 percent decline from December 2024’s 34.80 percent, though analysts noted base effects from the November 2009 reference period.

    Food inflation offered relief, dropping 1.49 points to 10.84 percent from November’s 11.08 percent, with year-on-year easing from 39.84 percent in December 2024.

    The mixed signals come amid projections of seasonal December pressures from holiday spending and harvest timing.

    Loading

    Spread the love
    Click to comment

    Leave a Reply

    Your email address will not be published. Required fields are marked *

    ad

    You May Also Like

    News

    Nigeria Police Force National Cybercrime Center (NPF-NCCC) has arrested a mother and her daughter over alleged romance scam that defrauded a Malta-based victim of...

    News

    The Lagos state government has unveiled plans to introduce a new tenancy law aimed at curbing arbitrary rent increases, illegal charges and other exploitative...

    News

    In a transformative initiative focused on youth empowerment, talent development and community impact, QNET, an international wellness and lifestyle company and a decade-long Official...

    News

    A new continental institution dedicated to protecting and monetising Africa’s creative heritage has been announced, with Lagos named as one of its confirmed tour...