Nigeria's Inflation Rate Drops to 18.02% in September, Ekiti and Rivers Lead Food Price Surge

Nigeria's inflation rate decreased to 18.02% in September 2025, down from 20.12% in August 2025, according to the National Bureau of Statistics (NBS). Food inflation also dropped to 16.87% in September, with Ekiti and Rivers having the highest food prices.

This decline in inflation is attributed to lower prices of food items like maize, grains, garri, beans, millet, potatoes, onions, eggs, tomatoes, and fresh peppers.