Nigeria Inflation Rate 2024 Prediction. Nigeria’s inflation continued its upward trend in october 2024, impacted by rises in the price of food, electricity, and fuels, as it came in at 33.88 per cent, relative to the. Imf data suggests a gradual decline in the inflation rate from 23% in 2025 to 16% in 2026, 15.4% in 2027, and 14% in both 2028 and 2029.
Central bank of nigeria governor olayemi cardoso gave a clear signal that high interest rates would be eased in coming months if inflation pressures cool as expected. With continued monetary tightening, inflation is.
