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Nigeria Inflation Hits 14.63%

Nigeria's Inflation Falls to 14.63% in September, Fourth Consecutive Monthly Decline

Unverified — auto-generated summary, not yet reviewedFintech & PaymentsNigeriaOct 16, 2026

Nigeria's inflation rate fell to 14.63 percent in September 2026, marking the fourth consecutive monthly decline and the lowest reading since 2025. The trend strengthens the case for further central bank rate cuts, though food inflation edged up and analysts note the figure remains high relative to African peers, with cost-of-living pressures persisting for consumers.

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