Nigeriaโs Inflation Trends: 2024 through mid-2025

Upward trend, ease. In 2024, inflation in Nigeria reached eye-watering levels. According to the Global Economy database, the annual inflation rate for 2024 was about 33.2 %. This marked a sharp acceleration compared to previous years (e.g. 24.7 % in 2023) However, from late 2024 into 2025, inflation began to moderate. By February 2025, the […]