Inflation rises to 15.38 per cent amid global supply chain disruption
Home > market news
Financial News
Inflation rises to 15.38 per cent amid global supply chain disruption
16 Apr, 2026
The full effects of the disruption caused by the Israel-United States-Iran war on Nigeria’s economy are manifesting as headline inflation rose from 15.06 per cent in February to 15.38 per cent in March 2026. Before the Israel-U.S. and Iran war started on February 28, 2026, crude oil was trading around $70. With the Strait of Hormuz becoming unpassable by oil cargoes, crude rose to around $120 per barrel in March 2026.........................….......READ MORE
We use cookies on our websites to improve your user experience and our services, and to analyze the use of our website.
In accordance with NDPR, continuing to use this platform indicates your consent to the processing of your
personal data by Osborne Capital Markets Limited and our partners as detailed in our Privacy Policy.
To learn more, read our Privacy Policy and Data Consent Policy