Nigerias headline inflation rate eased to 23.71 percent in April 2025, reflecting a 0.52 percentage point decline from the 24.23 percent recorded in March.
This was disclosed in the latest Consumer Price Index CPI Report released by the National Bureau of Statistics NBS.
The report also showed a decline in the food inflation index, which dropped by 0.53 percentage points to 21.26 percent in April from 21.79 percent in March. The decrease was attributed to the reduction in the prices of staple food items, including maize corn flour, wheat grain, dried okro, yam flour, soya beans, rice, bambara beans, and brown beans.