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NEWS EXPRESS is Nigeria’s leading online newspaper. Published by Africa’s international award-winning journalist, Mr. Isaac Umunna, NEWS EXPRESS is Nigeria’s first truly professional online daily newspaper. It is published from Lagos, Nigeria’s economic and media hub, and has a provision for occasional special print editions. Thanks to our vast network of sources and dedicated team of professional journalists and contributors spread across Nigeria and overseas, NEWS EXPRESS has become synonymous with newsbreaks and exclusive stories from around the world.
Nigeria’s headline inflation rate rose to 15.93% in May 2026, according to the latest Consumer Price Index (CPI) report.
The National Bureau of Statistics (NBS) data showed that the CPI increased to 140.7 in May 2026, representing a 2.4-point rise from the previous month’s 138.3, indicating continued upward pressure on consumer prices across the economy.
According to the report, on a month-on-month basis, headline inflation stood at 1.75% in May 2026. This represents a decline of 0.39 percentage points compared to April 2026, when the rate was 2.13%.
The latest record marks the third consecutive hike in 2026. (Channels)
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