Nigeria’s Inflation Projected to Drop Below 18% by November 2025 – Stanbic IBTC

According to insights shared during a Stanbic IBTC-hosted conference call, Nigeria’s headline inflation is forecast to increase to between 17.0% and 17.9% by November 2025, aided by stabilising macroeconomic indicators and base effects.

Despite the projection for a calmer inflationary environment by the end of the year, analysts expect temporary spikes in month-on-month inflation during July and August, traditionally known for seasonal agricultural disruptions due to flooding in the south and lean harvests in the north, according to Businessday.

Analysts anticipate that high inflation figures from the same period in 2024 will help moderate annual rates. Forecasts put July’s year-on-year rate between 21.71% and 21.88%, and August between 21.28% and 21.63%.

By Kenneth Afor

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