Nigeria's Inflation Rate Falls to 14.45% in November, CPI Rises: NBS Report

Nigeria's inflation rate dropped to 14.45% in November 2025, as reported by the National Bureau of Statistics (NBS). The Consumer Price Index (CPI) rose to 130.5 points in November from 128.9 points in October, indicating a 1.6 point increase month-on-month.

This decrease in inflation, down from 16.05% in October, reflects a 1.6% decline. The data suggests a slight improvement in the economic landscape, although inflation remains a key challenge for Nigeria's economy.