Nigeria’s inflation figures fall to 23.1%, one month after rebasing exercise
- Nigeria's headline inflation decreased to 23.1% in February 2025.
- Inflation dropped from 24.48% in January 2025.
- Food inflation reached 23.51% in February 2025.
While the reduction in headline inflation is a positive sign, the persistent high food inflation and the challenges posed by seasonal buying suggest that the economic situation remains precarious. Continued monitoring and adaptive measures will be crucial for achieving long-term stability.
