Nigeria’s inflation rate has decreased for the sixth consecutive month, with the headline inflation dropping to 18.02 percent in September 2025. This represents a decrease from the 20.12 percent recorded in August 2025, according to the National Bureau of Statistics (NBS). The NBS disclosed this information in its Consumer Price Index and Inflation Data released on Tuesday.

The data shows that the country’s inflation declined by 0.72 percent on a month-on-month basis. Furthermore, the food inflation rate experienced a decline of 1.57 percent month-on-month. The NBS report noted that the headline inflation rate eased to 18.02 percent in September 2025, compared to the August 2025 rate of 20.12 percent. The month-on-month headline inflation rate in September 2025 was 0.72 percent.

This development is in line with the prediction made by Bismark Rewane, Chief Executive Officer of Financial Derivatives Company, who stated that Nigeria’s inflation would moderate to 18 percent in November 2025. However, the recent increase in fuel and cooking gas prices may impact subsequent inflation figures and the overall cost of living for Nigerians.

The decline in inflation rate is a positive trend for the Nigerian economy. The NBS data provides insight into the country’s economic performance and helps policymakers make informed decisions. As the country continues to navigate its economic challenges, the inflation rate will be closely monitored. The potential impact of the fuel and cooking gas price hike on inflation and the cost of living will be a key factor to watch in the coming months.