Nigeria’s headline inflation rate rose to 15.93% in May 2026, reflecting a slight uptick from the 15.69% recorded in April 2026, according to the latest Consumer Price Index (CPI) report.
The National Bureau of Statistics (NBS) data showed that the CPI increased to 140.7 in May 2026, representing a 2.4-point rise from the previous month’s 138.3, indicating continued upward pressure on consumer prices across the economy.
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