Nigeria's Inflation Rate Falls to 18.02% in September 2025

Nigeria's inflation rate has dropped to 18.02% in September 2025, as reported by the Central Bank of Nigeria (CBN). This marks the sixth consecutive month of decline since April 2025, the first time in three years that the inflation rate has fallen below 20%.

The data shows a month-on-month headline inflation rate of 0.72% and a food inflation rate of 1.57%, attributing the significant decline in annual food inflation figures to a change in the base year.