Nigeria Inflation Rises Slightly to 15.69% in April 2026, NBS Says

Nigeria’s inflation rate rose slightly to 15.69% in April 2026, up from 15.38% in March, according to the National Bureau of Statistics (NBS).

The NBS said in its Consumer Price Index report released Friday that the increase reflects continued pressure on prices, even as monthly inflation slowed to 2.13% from 4.18% in March.

“This shows a slower pace of price increases compared to March,” the bureau said, noting a moderation in inflation momentum.

On a 12-month average basis, inflation stood at 19.16%, slightly below 19.33% recorded a year earlier, suggesting gradual easing in overall price growth.

Urban inflation fell to 15.40% year-on-year, while rural inflation remained higher at 16.36%, reflecting stronger cost pressures outside cities.

The NBS said inflation trends remain mixed, with easing month-on-month pressure but persistent high annual price levels across the economy.