BREAKING: Nigeria’s inflation declines to 16.05% in October

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Nigeria’s headline inflation rate dropped to 16.05 per cent in October 2025, down from 18.02 per cent recorded in September, according to new data from the National Bureau of Statistics (NBS).

The latest Consumer Price Index (CPI) report released on Monday shows a 1.96 per cent decline in the inflation rate for the month.

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