Nigeria's Inflation Eases to 14.63% in September

Nigeria's annual headline inflation slowed to 14.63% in September 2026 from 15.39% in August, according to the National Bureau of Statistics' report released on October 15. The decline was 0.76 percentage points, while the rate was 6.35 percentage points below September 2025's 20.98%. Prices still increased month on month, but headline inflation on that measure slowed to 0.06% from 0.71% in August. Annual food inflation was 19.59%, compared with 20.16% a year earlier, while monthly food inflation was negative at -1.55%.