The National Bureau of Statistics (NBS) has reported that Nigeria’s headline inflation rate climbed to 24.23% in March 2025, marking a 4.4 percentage point increase from the 23.18% recorded in February.
The Bureau disclosed this in its Consumer Price Index Report for March 2025.
NBS said: “The Consumer Price Index (CPI) rose to 117.34 in March 2025 reflecting a 4.40-point increase from the preceding month.
“In March 2025, the Headline inflation rate rose to 24.23% relative to the February 2025 headline inflation rate of 23.18%.
“Looking at the movement, the March 2025 Headline inflation rate showed an increase of 1.05% compared to the February 2025 Headline inflation rate.”
