Nigeria’s Inflation Rate Drops to 22.97% in May 2025 – NBS
Nigeria’s inflation rate has dropped to 22.97% in May 2025, marking a notable decline from the 23.40% recorded in April, according to the latest data released by the National Bureau of Statistics (NBS). The NBS report, published on Saturday, highlights a gradual easing of inflationary pressures across the country. This decline, though modest, is being