Nigeria’s headline inflation rate has gone up again, the third consecutive month, in May 2026, hitting 15.93 percent.
June 16, 2026
By Progress Godfrey
Nigeria’s headline inflation rate has gone up again, the third consecutive month, in May 2026, hitting 15.93 percent.
The National Bureau of Statistics, NBS, announced the increase in its latest consumer price index (CPI) report released yesterday.
The report stated: “On a year-on-year basis, the Headline inflation rate rose to 15.93%, up from 15.69% in April 2026 and down from 26.06% in the same month of the preceding year (May 2025).”
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