Nigeria's headline inflation rate increased to 15.69 percent in April 2026, according to the latest data from the National Bureau of Statistics (NBS). This marks a 0.31 percentage point rise from the 15.38 percent recorded in March 2026.
Despite the monthly increase, the inflation rate remains significantly lower than the 26.82 percent reported in April 2025, indicating that inflationary pressures have eased on an annual basis. On a month-on-month basis, however, the pace of price increases slowed in April.
Month-on-Month Inflation Slows
The NBS reported that month-on-month headline inflation fell to 2.13 percent in April, down from 4.18 percent in March. This suggests that while consumer prices continue to rise, the rate of increase moderated during the month.
The data reflects ongoing pressure on consumer prices across the country, though the slower monthly increase points to a possible easing in short-term inflationary momentum. Analysts will be watching closely for further trends in the coming months.
