JUST IN: Nigeria’s Inflation Rate Falls to 16%
The National Bureau of Statistics says Nigeria’s headline inflation rate fell to 16.05 per cent in October 2025.
The NBS disclosed this in its Consumer Price Index and Inflation report shared on its verified X (formerly Twitter) account on Monday.
The report showed that inflation dropped from 18.02 per cent in September, while on a month-on-month basis, headline inflation increased by 0.93 per cent in October.
Food prices also eased slightly, with food inflation declining by 0.37 per cent month-on-month.
This marks the seventh consecutive month of decline in the country’s inflation rate this year.
Titilope Adako is a talented and intrepid journalist, dedicated to shedding light on the untold stories of Osun State and Nigeria. Through incisive reporting, she tackles a broad spectrum of topics, from politics and social justice to culture and entertainment, with a commitment to accuracy, empathy, and inspiring positive change.
