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2026.05.1512:00:00UTC+00Nigeria’s April Inflation Edges Higher to 15.69% Year-on-Year

Nigeria’s consumer price inflation inched up in April 2026, with the year-on-year Consumer Price Index (CPI) rising to 15.69%, compared with 15.38% in March 2026. The latest data, updated on 15 May 2026, indicate a modest acceleration in price growth, keeping inflation firmly in elevated territory.

The figures are based on a year-over-year comparison, measuring how prices in April 2026 have changed relative to April 2025. Similarly, the March 2026 reading of 15.38% reflected price changes versus March 2025. The uptick from March to April suggests that inflationary pressures in Africa’s largest economy remain persistent, with consumer purchasing power likely to stay under strain.

While the increase is incremental, the continuation of double‑digit inflation underscores ongoing challenges for policymakers attempting to stabilize prices and support real incomes. Market participants and households alike will be watching upcoming monthly releases closely for any signs of either a peak or renewed acceleration in inflation dynamics.

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