Nigeria's inflation narrative in 2025 presents a tale of cautious optimism tempered by persistent structural vulnerabilities. The latest data from the National Bureau of Statistics reveals that headline inflation moderated to 21.88% year-on-year in July 2025, marking the fourth consecutive month of disinflation and representing a significant 9.38 percentage point decline from the 31.26% recorded in July 2024. While this trajectory offers welcome relief to an economy long besieged by soaring prices, the underlying dynamics suggest that Nigeria's
Nigeria's inflation narrative in 2025 presents a tale of cautious optimism tempered by persistent structural vulnerabilities. The latest data from the National Bureau of Statistics reveals that headline inflation moderated to 21.88% year-on-year in July 2025, marking the fourth consecutive month of disinflation and representing a significant 9.38 percentage point decline from the 31.26% recorded in July 2024. While this trajectory offers welcome relief to an economy long besieged by soaring prices, the underlying dynamics suggest that Nigeria's