Nigeria’s headline inflation rate rose to 15.69 per cent in April 2026, according to new data released by the National Bureau of Statistics. The country’s statistical agency disclosed on Friday that the headline inflation rate on a month-on-month basis stood at 2.13 per cent in April. The NBS also reported that food inflation reached 16.06 per cent year-on-year during the month, driven by increases in the average prices of key food commodities across the country. According to the bureau, products that contributed to the rise in food inflation included millet, yam flour, fresh ginger, beef, garri, yam tuber, fresh pepper, crayfish, cassava tuber, beans, Irish potatoes, fresh tomatoes, wheat grain sold loose, soya beans, guinea corn, plantain and fresh carrots. The agency said, “This can be attributed to the rate of change in the average prices of the following products: Millet whole grain, yam flour, ginger (Fresh), beef, garri, yam tuber, pepper (Fresh), cray fish, cassava tuber, Beans, Irish Potatoes, tomatoes (fresh), wheat grain (Sold loose), soya beans, guinea corn, plantain, carrots (Fresh) etc.” Despite the increase recorded in April, the NBS noted that the average annual rate of food inflation for the twelve months ending April 2026 was lower compared to the same period in 2025. “The average annual rate of food inflation for the twelve months ending April 2026, relative to the previous twelve-month average, was 17.55%, which was 17.05 percentage points lower than the average annual rate of change recorded in April 2025 (34.60%),” the bureau stated. The latest figures come as households and businesses continue to grapple with rising living costs and fluctuating food prices across Nigeria.