{
  "id": 14707606,
  "title": "BREAKING: Nigeria’s inflation drops to 14.63% in September 2026 — NBS",
  "url": "https://urgent.news/2026/10/15/breaking-nigerias-inflation-drops-to-14-63-in-september-2026-nbs",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-15T13:11:47.000Z",
  "source": {
    "name": "Nairametrics",
    "slug": "nairametrics",
    "url": "https://nairametrics.com/2026/10/15/nigerias-inflation-drops-to-14-63-in-september-2026-nbs/"
  },
  "original_language": "en",
  "account": "Nigeria's headline inflation rate fell to 14.63% in September 2026, according to the National Bureau of Statistics (NBS). This is a drop from 15.39% in August, marking the fourth consecutive month of disinflation. The decline is 6.35 percentage points since September 2025 when inflation was recorded at 20.98%. The month-on-month inflation also slowed to 0.06% from 0.71% the previous month, suggesting a deceleration in price increases.\n\nThe NBS data reveals varying trends between urban and rural areas, as well as food inflation. Urban inflation was 15.64% year-on-year in September 2026, while the twelve-month average was 15.90%. Annual inflation was 12.58 percentage points lower than in September 2025, when it stood at 28.48%. Rural inflation declined by 2.68 percentage points month-on-month.\n\nFood inflation, however, registered a decline month-on-month, falling to 19.59% year-on-year from 20.16% in September 2025. On a month-to-month basis, food inflation declined to -1.55%, compared to 1.02% in August, a drop of 2.57 percentage points. This decline in food prices contributed to moderating headline inflation despite core inflation strengthening compared to August.\n\nThe decline in food prices played a significant role in moderating the overall inflation rate. Nairametrics previously reported that the Nigerian naira strengthened to N1,333 per dollar at the Nigerian Foreign Exchange Market (NFEM) on October 14, 2026, as market participants awaited the latest inflation data.",
  "summary": "Nigeria’s headline inflation rate eased to 14.63% in September 2026, down from 15.39% recorded in August, according to the National Bureau of Statistics (NBS). The post BREAKING: Nigeria’s inflation drops to 14.63% in September 2026 — NBS appeared first on Nairametrics .",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 7,
    "also_reported_by": [
      {
        "outlet": "Nairametrics",
        "title": "Nigeria’s inflation slows to 14.63% in September, fourth straight monthly decline in 2026",
        "url": "https://urgent.news/2026/10/15/nigerias-inflation-slows-to-14-63-in-september-fourth-straight",
        "published": "2026-10-15T13:11:47.000Z"
      },
      {
        "outlet": "BusinessDay Nigeria",
        "title": "Nigeria’s inflation cools to lowest since 2025 despite rising energy prices",
        "url": "https://urgent.news/2026/10/15/nigerias-inflation-cools-to-lowest-since-2025-despite-rising-energy",
        "published": "2026-10-15T13:23:42.000Z"
      },
      {
        "outlet": "Saudi Gazette",
        "title": "Saudi inflation remains stable at 1.9% in September despite global shipping risks",
        "url": "https://urgent.news/2026/10/15/saudi-inflation-remains-stable-at-1-9-in-september-despite-global",
        "published": "2026-10-15T13:23:53.000Z"
      },
      {
        "outlet": "Punch",
        "title": "BREAKING: Nigeria’s inflation dropped to 14.63% in September, says NBS",
        "url": "https://urgent.news/2026/10/15/breaking-nigerias-inflation-dropped-to-14-63-in-september-says-nbs",
        "published": "2026-10-15T13:52:55.000Z"
      },
      {
        "outlet": "Daily Post Nigeria",
        "title": "Nigeria’s inflation rate drops to 14.64% in September",
        "url": "https://urgent.news/2026/10/15/nigerias-inflation-rate-drops-to-14-64-in-september",
        "published": "2026-10-15T15:07:58.000Z"
      },
      {
        "outlet": "Premium Times",
        "title": "Nigeria’s inflation eases to 14.63% in September",
        "url": "https://urgent.news/2026/10/15/nigerias-inflation-eases-to-14-63-in-september",
        "published": "2026-10-15T15:14:50.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}