What your money
used to buy.

This uses Nigeria's Consumer Price Index from the National Bureau of Statistics, as yearly averages published by the World Bank. The CPI tracks the average price of the goods and services households actually buy.

The most recent year or two may not have an official yearly figure yet. For those, we use the IMF World Economic Outlook inflation estimate, and swap it for the official figure once it's released. The figures refresh automatically.

Inflation slowing does not mean prices falling. It means prices are rising more slowly. The buying power already lost does not come back on its own.

This is an average across the whole economy. Your own experience depends on what you spend money on — food, rent and transport have moved at different rates.