Nigeria’s Inflation: Prices still rising despite August decline

Professor Godwin Oyedokun, a financial analyst at Lead City University, commented on the slight moderation in Nigeria's inflation, which reached 15.39% in August 2026, down from 15.43% in July. Despite this decline, prices continue to rise, raising concerns about the impact on the economy. Oyedokun also emphasized that the economic situation remains worrying for Nigerians.