• Hausa Edition
  • Podcast
  • Conferences
  • LeVogue Magazine
  • Business News
  • Print Advert Rates
  • Online Advert Rates
  • Contact Us
Wednesday, October 22, 2025
Leadership Newspapers
Read in Hausa
  • Home
  • News
  • Politics
  • Business
  • Sport
    • Football
  • Health
  • Entertainment
  • Education
  • Opinion
    • Editorial
    • Columns
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us
No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
    • Football
  • Health
  • Entertainment
  • Education
  • Opinion
    • Editorial
    • Columns
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us
No Result
View All Result
Leadership Newspapers
No Result
View All Result

JUST-IN: Nigeria’s Inflation Eases Further To 21.88%

by Mark Itsibor
2 months ago
in Business
Inflation
Share on WhatsAppShare on FacebookShare on XTelegram

Nigeria’s headline inflation rate eased to 21.88% in July 2025, relative to the June 2025 rate of 22.22%, the National Bureau of Statistics (NBS) has revealed in its recent data.

Advertisement

The July 2025 inflation rate showed a decrease of 0.34% compared to the June 2025 headline inflation rate.
The food inflation rate in July 2025 was 22.74% on a year-on-year basis. This was 16.79% points lower compared to the rate recorded in July 2024 (39.53%).

The significant decline in the annual food inflation figure is technically due to the change in the base year.

Advertisement

According to the data, on a month-on-month basis, the food inflation rate in July 2025 was 3.12%, down by 0.14% compared to June 2025 (3.25%).

NBS attributed the decrease to average lower prices of vegetable oil, bean (white), rice local, maize, flour, guinea corn, wheat, and more others.

In July 2025, the headline rate on a year-on-year basis was 11.52% lower than the rate recorded in July 2024 (33.40%).

RELATED NEWS

How Centralized Platforms Strengthen Compliance And Governance

Nigeria’s Digital PR Honours Anietie Udoh As ‘Public Relations Ambassador’

New Tax Regime: Multinationals, Local Firms Get 5% Annual Tax Credit

Regulator Says Band A Customers Must Get 20-Hour Power Supply Daily

“This shows that the headline inflation rate (year-on-year basis) decreased in July 2025 compared to the same month in the preceding year (i.e., July 2024), though with a different base year, November 2009 = 100,” the NBS stated.

On a month-on-month basis, the inflation rate in July 2025 was 1.99%, which was 0.31% higher than the rate recorded in June 2025 (1.68%).

This means that in July 2025, the rate of increase in the average price level was higher than the rate of increase in the average price level in June 2025.

The food inflation rate in July 2025 was 22.74% on a year-on-year basis. This was 16.79% points lower compared to the rate recorded in July 2024 (39.53%).

The significant decline in the annual food inflation figure is technically due to the change in the base year.

On a month-on-month basis, the food inflation rate in July 2025 was 3.12%, down by 0.14% compared to June 2025 (3.25%).

Join Our WhatsApp Channel

Breaking News: Nigerians at home and abroad can now earn in USD by acquiring ultra-premium domains from $3,000 and profiting up to $36,000. Perfect for professionals. Click here.

SendShare10173Tweet6358Share

OTHER NEWS UPDATES

How Centralized Platforms Strengthen Compliance And Governance
Business

How Centralized Platforms Strengthen Compliance And Governance

16 hours ago
Nigeria’s Digital PR Honours Anietie Udoh As ‘Public Relations Ambassador’
Business

Nigeria’s Digital PR Honours Anietie Udoh As ‘Public Relations Ambassador’

16 hours ago
New Tax Policy To Exempt 95% of Informal Sector — Oyedele
Business

New Tax Regime: Multinationals, Local Firms Get 5% Annual Tax Credit

21 hours ago
Advertisement
Leadership join WhatsApp

LATEST UPDATE

Tinubu Condoles Senate Minority Leader Moro Over Loss Of Son, Grandson

7 hours ago

Kukah Urges International Community Not To Designate Nigeria ‘Country Of Concern’

7 hours ago

Why Nigeria Should Not Be Designated Country Of Concern

8 hours ago

Governors Mourn Victims Of Niger Tanker Explosion

9 hours ago

Court Fixes October 31 For Judgement In Suit Seeking To Stop 2025 PDP Convention

9 hours ago
Load More

© 2025 Leadership Media Group - All Rights Reserved.

No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
    • Football
  • Health
  • Entertainment
  • Education
  • Opinion
    • Editorial
    • Columns
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us

© 2025 Leadership Media Group - All Rights Reserved.