Nigeria’s inflation story is showing signs of a turning point. The National Bureau of Statistics (NBS) reports that headline inflation eased further to 16.05 percent in October 2025, down from 18.02 percent in September, moving closer to the Central Bank of Nigeria’s medium-term target of 15 percent.
In response to this sustained moderation, the bank’s Monetary Policy Committee meeting on 23 September led to a cut in the Monetary Policy Rate by 50 basis points, from 27.50 percent to 2
Nigeria’s inflation story is showing signs of a turning point. The National Bureau of Statistics (NBS) reports that headline inflation eased further to 16.05 percent in October 2025, down from 18.02 percent in September, moving closer to the Central Bank of Nigeria’s medium-term target of 15 percent.
In response to this sustained moderation, the bank’s Monetary Policy Committee meeting on 23 September led to a cut in the Monetary Policy Rate by 50 basis points, from 27.50 percent to 2
