Nigeria’s headline inflation rate eased to 18.02 percent in September 2025, marking a continued decline in price pressures across the country, according to the National Bureau of Statistics (NBS).
In its Consumer Price Index (CPI) and Inflation Report released on Wednesday in Abuja, the Bureau noted that the rate dropped by 2.1 percent compared to 20.12 percent recorded in August 2025. On a year-on-year basis, inflation was 14.68 percentage points lower than the 32.70 percent recorded in September 2024, indicating a significant moderation in price increases.
The NBS attributed the easing inflation to slower increases in the prices of key goods and services. The major contributors to headline inflation were Food and Non-Alcoholic Beverages (7.21%), Restaurants and Accommodation Services (2.33%), and Transport (1.92%), while the least contributors were Recreation and Culture (0.06%), Alcoholic Beverages and Tobacco (0.07%), and Insurance and Financial Services (0.08%).
Food inflation also slowed to 16.87 percent year-on-year, down from 37.77 percent in September 2024 — a decline of 20.9 percentage points, which the Bureau partly attributed to the CPI rebasing and a reduction in the average prices of staples such as maize, garri, beans, millet, potatoes, onions, eggs, tomatoes, and fresh pepper.
Core inflation, which excludes volatile agricultural produce and energy, stood at 19.53 percent, while urban and rural inflation rates were 17.50 percent and 18.26 percent, respectively.
Across states, Adamawa (23.69%), Katsina (23.53%), and Nasarawa (22.29%) recorded the highest inflation rates, while Anambra (9.28%), Niger (11.79%), and Bauchi (12.36%) had the lowest. In terms of food inflation, Ekiti (28.68%), Rivers (24.18%), and Nasarawa (22.74%) topped the list, while Bauchi (2.81%), Niger (8.38%), and Anambra (8.41%) recorded the slowest increases.
The NBS added that following the recent CPI rebasing, the index rose to 127.7 points in September, up from 126.8 points in August 2025, reflecting the overall movement in price levels nationwide.
