Nigeria’s consumer price has slowed to 18.02 per cent, helped by a further drop in food prices.
Food inflation month-on-month fell to -1.57 per cent in September.
According to the National Bureau of Statistics, the Consumer Price Index declined to 18.02 per cent in September 2025, the sixth consecutive month from 20.12 per cent in August 2025.
On a month-on-month basis, the headline inflation rate in September 2025 was 0.72 per cent.
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Eniola Olatunji
Eniola Olatunji is an experienced journalist at BusinessDay, where she has specialized in reporting on personal and business finance since March 2022.
She focuses on creating engaging and precise news stories, with a keen emphasis on the fixed-income market, banking, personal finance, cost of living, and the Nigerian economy. Her work also encompasses extensive market research and economic trend analysis.
Eniola is passionate about empowering individuals to make informed financial decisions and is dedicated to shedding light on the intricate workings of the economy. She holds a Bachelor of Science degree in Pure & Applied Chemistry from the University of Lagos.
Eniola Olatunji was shortlisted for The Future Awards Africa Prize for Journalism..
