Report: Nigeria's Inflation Could Fall To 27 By December

According to the most recent NESG-Stanbic IBTC Business Confidence Monitor report, Nigerias inflation rate is expected to drop to 27.1 by December 2025.

This prediction gives consumers and companies facing protracted economic hardships optimism since it indicates that structural improvements are starting to have a positive impact despite ongoing obstacles.

With growing fuel prices and currency depreciation driving up costs across all sectors, inflation is still a major problem for Nigerias economy.

According to the report, when fuel subsidies were eliminated and the foreign exchange market was liberalised, inflationary pressures were especially severe in 2024.

The BCM expects these pressures to gradually subside in 2025. Headline inflation will continue to rise through the first nine months of 2025, according to the research, but it will sharply drop in the fourth quarter.