Nigeria's Inflation Drops to 14.63 Percent in September

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

The statistical agency reported that consumer prices edged up by just 0.06 per cent on a month-on-month basis.

Meanwhile, food inflation stood at 19.59 per cent year-on-year, though it dropped by 1.55 per cent compared to August.

Nigeria's inflation drops to 14.63 per cent in September (News Central TV) — Nigeria’s inflation drops to 14.63 per cent in September. Credit: Reuters

The September drop extends a downward trend in consumer price pressures, following August 2026, when headline inflation eased to 15.39 per cent from 15.43 per cent in July.

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Abisoye Adeyiga

Abisoye Adedoyin Adeyiga holds a PhD in Languages and Media Studies and a Master’s in Education (English Language). Trained in digital marketing and investigative journalism, she is passionate about new media’s transformative power. She enjoys reading, traveling, and meaningful conversations.