Nigeria's Inflation Drops by 10% Due to Tight Monetary Policy - Cardoso Reveals
Cardoso disclosed at a November 2025 MPC meeting that Nigeria's inflation decreased by 10 percentage points due to a tight monetary policy. The CBN Governor highlighted the effectiveness of monetary actions despite domestic and global challenges.
The inflation rate dropped from 16.05% in October 2025 to 8.43% in September 2025, reflecting broad-based disinflation across headline, food, and core inflation. The strengthening momentum is attributed to reduced foreign exchange volatility, easing food prices, and a more stable exchange rate.
Cardoso emphasized the need for continued proactive monetary policies to sustain the disinflationary trend.
Plus234Feed summary based on reporting from Nairametrics. Read the original report below.
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