Nigeria’s headline inflation rate fell by 2.18 percentage points to 15.15 percent in December 2025, down from 17.33 percent recorded in November 2025, according to the National Bureau of Statistics.
The NBS disclosed this in its Consumer Price Index report for December 2025, released yesterday, offering fresh insight into price movements across the country at the close of the year.
The statistics agency recalled that earlier in the week it had adjusted its CPI methodology to address concerns over a projected spike in Nigeria’s December 2025 inflation figure. It explained that the perceived increase was largely the result of technical changes in methodology rather than worsening economic conditions.
According to the NBS, “The December 2025 year on year Headline inflation rate stood at 15.15 percent relative to the November 2025 headline inflation rate of 17.33 percent.”
It added that “on a year on year basis, the December Headline inflation rate was 19.65 percent lower than the rate recorded in December 2024 at 34.8 percent.”
The bureau noted that this showed a clear moderation in inflation when compared with the same period in the previous year. “This shows that the Headline inflation rate on a year on year basis decreased in December 2025 compared to December 2024, though with a different base year, November 2009 equals 100,” the report stated.
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On a month on month basis, the NBS said the Headline inflation rate in December 2025 stood at 0.54 percent, representing a drop of 0.69 percent compared to the 1.22 percent recorded in November 2025. “This means that in December 2025, the rate of increase in the average price level was lower than in November 2025,” the bureau explained.
The report also showed a significant slowdown in food inflation. According to the NBS, “The food inflation rate in December 2025 stood at 10.84 percent on a year on year basis, down from 39.84 percent in December 2024.”
The decline, the bureau said, was driven by a reduction in average prices of key food items such as tomatoes, garri, eggs, potatoes, carrots, millet, vegetables, plantain, beans, wheat grain, ground pepper and fresh onions, among others.
On a year on year basis, food inflation was highest in Yobe at 15.25 percent, followed by Ogun at 14.12 percent and the Federal Capital Territory, Abuja, at 13.24 percent. Akwa Ibom at 4.34 percent, Sokoto at 4.62 percent and Plateau at 6.19 percent recorded the slowest rise in food prices over the same period.
However, on a month on month basis, December 2025 food inflation was highest in Imo at 3.19 percent, Nasarawa at 3.16 percent and Yobe at 1.18 percent. In contrast, Plateau recorded a decline of minus 2.76 percent, Rivers minus 2.5 percent and Zamfara minus 1.93 percent, indicating a fall in food prices within those states during the month.
The latest figures suggest easing inflationary pressures toward the end of 2025, even as the NBS continues to refine its measurement framework to reflect current economic realities more accurately.
