Nigeria’s inflation rate drops to 14.64% in September
Nigeria’s inflation rate dropped further in September 2026 to 14.64 per cent from 15.39 per cent recorded in August. The National Bureau of Statistics, NBS disclosed this in its Consumer Price Index and Inflation Report released on Thursday. This indicated that the country’s inflation rate eased during the period under review. However, food inflation rose […] Nigeria’s inflation rate drops to…
Nigeria's inflation rate has decreased to 14.64% in September 2026, according to the National Bureau of Statistics (NBS). This marks a decline from 15.39% recorded in August, indicating a further easing of inflation rates in the country. However, food inflation has slightly increased to 19.59% in September from 19.57% in August, highlighting ongoing food price pressures affecting Nigerians.
In response to the easing inflation rate, the Central Bank of Nigeria (CBN) cut the interest rate to 23% from 26.5% during its latest Monetary Policy Committee meeting.
Brief written by urgent.news from Daily Post Nigeria's own syndicated text. Machine-written — may contain errors; check the original before relying on it.
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