NBS Report: Nigeria Records Sharp Inflation Drop to 16.05% in October 2025

Nigeria’s battle against stubborn price pressures showed a major breakthrough in October 2025, as new data from the National Bureau of Statistics (NBS) revealed that headline inflation dropped to 16.05%, down from 18.02% in September. The announcement, made on Monday, marks the country’s lowest inflation reading since 2017, signalling a potential turning point for an […]