Nigeria’s headline inflation rate rose to 15.15 percent in December 2025, up from 14.45 percent recorded in November, according to the latest Consumer Price Index (CPI) report released on Thursday by the National Bureau of Statistics (NBS).
The NBS data showed that inflation increased by 0.7 percentage points on a month-on-month basis, reflecting renewed price pressures during the period under review.
Despite the rise in headline inflation, food inflation moderated in December. The food inflation rate declined by 1.49 percentage points to 10.84 percent, down from 11.08 percent in November. On a year-on-year basis, food inflation also eased from the 39.84 percent recorded in December 2024.
According to the report, the Consumer Price Index rose to 131.2 points in December 2025, compared with 130.5 points in the previous month.
“The December 2025 year-on-year headline inflation rate stood at 15.15 percent,” the NBS stated, adding that this represented a significant decline compared to the 34.80 percent recorded in December 2024. The bureau noted that the year-on-year inflation figure was 19.65 percentage points lower than the rate recorded in the corresponding period of the previous year.
The NBS explained that the decline on a year-on-year basis reflects a base-year effect, with November 2009 used as the reference period.
The latest figures come amid earlier projections that Nigeria’s inflation rate could rise in December due to seasonal and structural factors affecting prices.
