Year-end festivities push monthly inflation to 4-month high.
Food price increases driven by year-end festive demand and lingering insecurity emerged as the main source of inflationary pressure in November 2025, pushing Nigeria’s month-on-month (MoM) headline inflation rate to 1.22 per cent, the highest level in four months. Analysts expect a similar trend in December. Data from the Consumer Price Index (CPI) report show that MoM food inflation also rose to 1.13 per cent in November, the highest in three months, reflecting higher average prices of several food items. […]