Nigeria’s inflation rate rise to 15.38% after 11 months decline

Nigeria’s headline inflation jumped to 15.38% in March 2026, ending a 12‑month decline, according to the National Bureau of Statistics. The CPPE warned that further monetary tightening could exacerbate price pressures, meaning higher living costs and reduced purchasing power for Nigerians.

•As CPPE cautions against monetary policy tightening By Yinka Kolawole & Elizabeth Adegbesan The National Bureau of Statistics, NBS, yesterday, said the country’s headline inflation rate recorded the first increase in 12 months to 15.38 percent in March 2026 from 15.06 percent in February 2026. This indicates a halt in the downward trend recorded in the past […] The post Nigeria’s inflation rate rise to 15.38% after 11 months decline appeared first on Vanguard News.