Business News
Again, Nigeria’s inflation falls to 16%
Published
10 months agoon
The National Bureau of Statistics (NBS) has reported a further drop in Nigeria’s headline inflation rate, which fell to 16.05 percent in October 2025.
The figure was released on Monday in the agency’s latest Consumer Price Index report.
According to the NBS, this marks the seventh straight month that the country has recorded a decline in inflation this year.
Pearl Essien is a digital content creator and a graduate of the prestigious University of Calabar. With over four years of experience in writing, she specializes in crafting engaging stories that inform and inspire readers. Outside of her work, Pearl enjoys storytelling, reading, and playing table tennis, bringing the same curiosity and passion to her hobbies as she does to her writing.
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