BREAKING: Nigeria’s Inflation Rate Drops For 6th Consecutive Time

Posted by Samuel on Wed 15th Oct, 2025 - tori.ng

National Bureau of Statistics, NBS, disclosed this in its Consumer Price Index and Inflation Data released on Tuesday.

Nigeria’s headline inflation fell to 18.02 percent in September 2025, down from 20.12 percent in August.

This is the sixth consecutive headline inflation drop in Nigeria this year.

National Bureau of Statistics, NBS, disclosed this in its Consumer Price Index and Inflation Data released on Tuesday.

NBS data showed that the country’s inflation declined by 0.72 per cent on a month-on-month basis.

The CPI data noted that the food inflation rate was -1.57 per cent month-on-month.

“In September 2025, the headline inflation rate eased to 18.02 per cent relative to the August 2025 inflation rate of 20.12 per cent.

“The MoM headline inflation rate in September 2025 was 0.72 per cent.

“The food inflation rate was -1.57 per cent MoM,”
the NBS stated.

The development comes as Chief Executive Officer of Financial Derivatives Company, Bismark Rewane, in his latest analysis, said Nigeria’s inflation would moderate to 18 per cent in November 2025.

However, the recent hike in the prices of fuel and cooking gas could impact subsequent inflation figures and the cost of living for Nigerians.

Popular Stories
Being Young Is Not An Advantage: See List Of Young NIgerians Who Have Held Powerful Positions
Wow! World's Most Expensive Bottle Of Whisky Sells For $1.9 Million (Photo)
#FlashBack: The Untold Story of Nigeria's Civil War - BIAFRA
Hilarious! 13 Types of Students You Will Find During Night Classes in Nigerian Campuses
All You Need To Know About 'The Beast' The US President's Official Car


Copyright © 2025 Tori.ng - All rights reserved
Tori.ng is owned and managed by Cyclofoss Technologies Ltd.