Nigeria's Inflation to Hold Near 15.9% on Stable Naira

Nigeria's inflation is projected to hold near 15.9% as the naira stabilises, according to BusinessDay reporting published on 15 July 2026. The figure points to a cooling trajectory from the sharp price rises that followed the 2023–24 foreign-exchange reforms, with the local currency's relative stability easing import-cost pressures. Analysts cited by the outlet frame the reading as a sign the worst of the post-liberalisation spike may be behind the economy, though food and transport costs remain elevated for households. Source Reporters reports this on the record of BusinessDay's 15 July item. No individual is accused or negatively characterised; the story concerns macroeconomic indicators only. Source: BusinessDay, 15 July 2026. Note: the 15.9% figure is as reported by the outlet and has not been independently recomputed by Source Reporters.