Guava leaves (Psidium guajava) have been used traditionally for years to treat common ailments such as Diabetes, diarrhoea, and hypertension. This study was designed to determine the anti-arthritic, anti-inflammatory, and antioxidant effect of the ethanolic extract of guava leaf (Psidium guajava) on rats fed with a high-fat diet and induced arthritis using complete Freud Adjuvant. Seventy-two male and female albino rats were used in this study, the rats were grouped into 12 with 6 rats in each group, rats were fed a high-fat diet to cause hyperlipidaemia and induced rheumatoid arthritis by injecting 0.1ml of Complete Freund’s Adjuvant into their right hind paw. Group 1 was fed with normal feed and water, group 2 was made of healthy rats, fed with normal feed, water, and guava leaf extract, group 3 was fed with a high-fat diet and induced arthritis with complete Freund’s Adjuvant (CFA) and water, group 4 received dexamethasone (6.75 mg.kg-1 orally), and groups 5 to 12 received the extract at oral doses of 250 and 750 mg/kg, respectively for a period of 28days. ELISA technique was used to analyse the inflammatory markers, antioxidants; SOD, and MDA, while the lipid profile was on a spectrophotometer. The inflammatory markers TNF-α, IL-6, and C-reactive protein were significantly reduced in test subjects at p<0.05, HDL and SOD had no statically significant difference, while MDA was markedly reduced at p<0.05. This study demonstrates that Psidium guajava extract has significant anti-arthritic and lipid-lowering effects. Psidium guajava leaves can be developed into an alternative anti-arthritis and lipid-lowering treatment.