Nigeria’s Inflation Cools Further in August, Falling to 20.12% as Food Prices Ease
In August 2025, Nigeria experienced a continued reduction in its inflation rate, which fell to 20.12% from 21.88% in July, marking the fifth month in...
In August 2025, Nigeria experienced a continued reduction in its inflation rate, which fell to 20.12% from 21.88% in July, marking the fifth month in a row of declining inflation, according to recent figures released by the National Bureau of Statistics (NBS). This represents a 1.76 percentage point decrease compared to the previous month and...