Nigeria’s headline inflation dropped to 23.71 per cent in April, a rise that will likely lead monetary policymakers to cut rates when they meet next week.
According to the National Bureau of Statistics (NBS), inflation dropped to 23.71 per cent in April from 24.23 per cent in March 2025.
This is due large stability in food prices in April, as reported by the NBS, through the newly launched Nigeria Food Price Tracking Dashboard (NPFT), with declines in the average prices of key staples such as imp
Nigeria’s headline inflation dropped to 23.71 per cent in April, a rise that will likely lead monetary policymakers to cut rates when they meet next week.
According to the National Bureau of Statistics (NBS), inflation dropped to 23.71 per cent in April from 24.23 per cent in March 2025.
This is due large stability in food prices in April, as reported by the NBS, through the newly launched Nigeria Food Price Tracking Dashboard (NPFT), with declines in the average prices of key staples such as imp
