Nigeria’s inflation dropped to 24.48% in January 2025, according to the National Bureau of Statistics (NBS).
Speaking to journalists on Tuesday, February 18, 2025, Statistician-General of the Federation Adeyemi Adeniran noted that urban inflation for January stood at 26.09% while rural inflation was at 22.15%.
In January 2025, the NBS announced that it intended to rebase both Gross Domestic Product (GDP) and Consumer Price Index (CPI), adding that this would align economic statistics with current realities in the country.