The National Bureau of Statistics (NBS) has revealed that the headline inflation rate in Nigeria eased to 18.02 percent in September 2025. This is an improvement from 20.12 percent in August 2025.
This was contained in the Bureau’s Consumer Price Index (CPI) September 2025 report.
It stated that, “In September 2025, the Headline inflation rate eased to 18.02 per cent relative to the August 2025 headline inflation rate of 20.12 per cent.”
The report added that, looking at the movement, the September 2025 Headline inflation rate showed a decrease of 2.1 per cent compared to the August 2025 Headline inflation rate.
NBS noted that on a year-on-year basis, the headline inflation rate was 14.68 per cent lower than the rate recorded in September 2024 (32.70 per cent.)
The report also explained that this shows that the headline inflation rate (year-on-year basis) decreased in September 2025 compared to the same month in the preceding year (i.e., September 2024), though with a different base year, November 2009 = 100.
On a month-on-month basis, however, NBS stated that the headline inflation rate in September 2025 was 0.72 per cent, which was 0.02 per cent lower than the rate recorded in August 2025 (0.74 per cent).
According to the report, this means that in September 2025, the rate of increase in the average price level was lower than the rate of increase in the average price level in August 2025.