NewsNigeriaCost of Living Pressure Persists as Inflation Hits 15.93% in May
Nigeria’s headline inflation rate rose to 15.93 per cent in May 2026, extending a steady upward trend for the third consecutive month, according to the latest Consumer Price Index (CPI) report released by the National Bureau of Statistics (NBS). The new figure represents an increase from 15.69 percent recorded in April and 15.38 percent in March, signaling persistent price pressures across key sectors of the economy despite a slower pace of monthly increases. Data from...









