Nigeria’s inflation rate expected to drop to 27% by year-end

  • A report has predicted that headline inflation could decline to 27% by December 2025 if fuel prices stabilise
  • The report also says that consumer spending and business activities would also pick up, resulting to a 3.5% economic growth
  • Experts agree with this prediction and have described President Tinubu’s 15% target as overambitious

Legit.ng journalist Ruth Okwumbu-Imafidon has over a decade of experience in business reporting across digital and mainstream media.

Nigerians can hold on to a glimmer of hope, as a report by the NESG-Stanbic IBTC Business Confidence Monitor has predicted a drop in the Headline inflation rate to 27.1% by the end of 2025.