Nigeria’s Inflation Rate Drops to 14.63% in September – NBS

Nigeria’s headline inflation rate declined to 14.63 per cent in September 2026, down from 15.39 per cent recorded in August, according to the National Bureau of Statistics (NBS).

The NBS disclosed this in its Consumer Price Index report released on Thursday, October 15, 2026, indicating a slowdown in the country’s inflation rate during the period under review.

The latest figures represent a decrease of 0.76 percentage points from the previous month’s rate.

The development suggests a moderation in the pace of rising consumer prices, although further details on food inflation, core inflation and other components of the September report are expected to provide a clearer picture of the country’s economic situation.

• Tweet
• Share
• Share
• Share
• Share