Nigeria's inflation rate increased to 15.93% in May 2026, marking the third consecutive monthly rise. Food prices continue to drive Nigeria inflation.

Nigeria’s headline inflation rate has continued on an upward trajectory after bucking the recent disinflation trend two months ago, ris...

By Progress Godfrey ABUJA — Nigeria’s headline inflation rose to 15.93 per cent in May 2026, up from 15.69 per cent in April, as persistent price pressures continued to impact…