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Nigeria’s Inflation Rate Drops To 15.91% In June

In its consumer price index (CPI) report released on Wednesday, the NBS said the June 2026 “headline inflation rate showed a decrease of 0.02% compared to the May 2026 headline inflation rate”. A file photo of a woman at a market. Nigeria’s headline inflation rate came in at 15.91 per cent in the month of…

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In its consumer price index (CPI) report released on Wednesday, the NBS said the June 2026 “headline inflation rate showed a decrease of 0.02% compared to the May 2026 headline inflation rate”.

A file photo of a woman at a market.

Nigeria’s headline inflation rate came in at 15.91 per cent in the month of June, down from 15.93 per cent in May of 2026, according to data released by the National Bureau of Statistics (NBS), marking the first drop in three months.

In its consumer price index (CPI) report released on Wednesday, the NBS said the June 2026 “headline inflation rate showed a decrease of 0.02% compared to the May 2026 headline inflation rate”.

“On a month-on-month basis, the headline inflation rate in June 2026 was 1.66%, which was 0.09% lower than the rate recorded in May 2026 at 1.75%.

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Opeyemi Precious

Precious Opeyemi is an independent media entrepreneur, journalist, and the founder of Scoop Lounge. Driven by a commitment to credible, balanced, and high-impact journalism, she established the platform to deliver rapid-response news summaries across multiple global sectors. Read full

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