Nigeria's Inflation Rate Eases to 14.45% in November 2025, Beats Tinubu's Target

Nigeria's headline inflation rate dropped to 14.45% in November 2025, down from 16.05% in October 2025, as reported by the National Bureau of Statistics (NBS). Urban inflation stood at 13.61%, showing a significant decline from the previous year.

Food inflation also decreased to 11.08%. Bola Tinubu, during the 2025 budget presentation in Abuja, achieved his inflation target of 15%.