Sur la base de l' indice des prix à la consommation revised , the National Bureau of Statistics said that Nigeria's headline inflation slowed by 130 basis points to 23.18% in February 2025 from 24.48% in January 2025, up from 24.48% in January 2025

The NBS said in a statement on Monday that the decline suggests a significant slowdown in price increases compared to the same period last year, if the inflation figures were calculated using a different base year. According to the statement, “in February 2025, the headline inflation rate fell to 23.18% compared to the January 2025 headline inflation rate of 24.48%.” On an annual basis, the overall inflation rate was 8.52% lower than the rate recorded in February 2024 (31.70%). According to the same document, “by observing the movement, the overall inflation rate in February 2025 showed a decrease of 1.30% compared to the overall inflation rate in January 2025.”