Nigeria’s inflation up 15.93% amid high food prices – NBS (opens original article in a new tab)

Nigeria's inflation rate increased to 15.93% in May 2026, with food prices remaining a major driver of inflation and showing significant regional variations.

• Nigeria's headline inflation rose to 15.93% in May 2026, up from 15.69% in April 2026
• Food inflation increased to 16.96% in May 2026, with significant regional variations in food price increases
• Some states recorded negative food inflation rates, indicating price decreases in certain areas