Inflation Rate Drops to 18.02% in September
Nigeria's headline inflation rate slowed to 18.02% in September 2025, marking a decline from 20.12% recorded in August 2025, according to the National Bureau of Statistics (NBS).
The September inflation rate decline was the biggest fall in six months, with a month-on-month (MoM) basis of 0.72%, reflecting a moderation in price increases across key sectors.
This shows that the Headline inflation rate (year-on-year basis) decreased in September 2025 compared to the same month in the preceding year.
The decline indicates a lower rate of increase in the average price level in September 2025 compared to August 2025.
Author's summary: Nigeria's inflation rate drops to 18.02% in September 2025.