Will Nigeria's headline inflation fall by at least 0.5 percentage points in the August 2026 NBS CPI report?

Outcome: NO

How this forecast is settled

Will Nigeria's August headline inflation fall to 14.93% or below, from July's 15.43%? Given the sharp rise in food inflation and the fact that the previous monthly decline was only 0.48 percentage points

Resolution

The August 2026 NBS CPI figure was not 14.93% or below. The latest NBS data available shows July headline inflation at 15.43%, and there is no August figure confirming a fall of at least 0.5 percentage points.

Make your forecast on GetUrgent2K Daily. Free to play; earn airtime for taking part and for getting it right.