Nigeria’s inflation rate eased to 23.71% in April 2025, down from 24.23% in March, according to latest data from the National Bureau of Statistics.

This 0.52 percentage point drop marks a modest but positive shift, signaling a potential turning point as the country battles persistent economic hardship and high living costs.

While still elevated, the decline may reflect the impact of recent monetary or fiscal measures aimed at stabilizing the economy.

More to come…