Nigeria’s Headline Inflation Hits 15.69% in April 2026

Nigeria’s headline inflation climbed to 15.69% in April 2026, up from 15.38% in March, according to the National Bureau of Statistics. On a month-on-month basis, average prices rose by 2.13%, down from March’s 4.18% increase. Food inflation stood at 16.06% year-on-year, driven by rising costs of staples like millet, yam, garri and tomatoes, though this represents a slowdown from last year’s 24.68%. State-level data showed the highest inflation rates in Sokoto (25.74%), Bauchi (22.52%) and Zamfara (22.03%), while Edo, Borno and Jigawa recorded the slowest annual gains. On a monthly basis, Niger led with a 5.66% jump in prices, while Bayelsa, Enugu and Rivers saw marginal declines.

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