FMDA forecasts 16.42% April inflation rate amid fuel, food prices surge

By Yinka Kolawole The Financial Market Dealers Association (FMDA) has projected Nigeria’s headline inflation rate to rise to 16.42 per cent year-on-year in April 2026, reversing months of steady moderation as rising food prices, higher energy costs and worsening global commodity conditions continue to pressure domestic prices. According to the April 2026 Inflation Forecast report released […] The post FMDA forecasts 16.42% April inflation rate amid fuel, food prices surge appeared first on Vanguard News .

Original source: Vanguard Nigeria