Nigeria’s Inflation Rate Eases for Second Straight Month to 22.97%, But Food Prices and Structural Threats Remain

Nigeria’s headline inflation rate eased to 22.97% in May 2025, marking a second consecutive month of decline, according to the latest data from the National Bureau of Statistics (NBS). The new figure, down from April’s 23.71%, points to a gradual cooling of inflationary pressures, though many Nigerians still say the impact has yet to be [...]The post Nigeria’s Inflation Rate Eases for Second Straight Month to 22.97%, But Food Prices and Structural Threats Remain appeared first on Tekedia.

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