Nigeria is expected to release its October inflation report on Monday, 17th November 2025.
This comes as the country’s inflation dropped for the sixth consecutive time in September to 18.02 per cent, down from 20.12 per cent in August.
Also, food inflation declined to 16.9 per cent on the back of reduced food prices, occasioned by increased imports and the harvest season.
Speaking on October inflation, Cowry Asset Management projected that headline inflation would further ease to 17.83 per cent, “supported by continued naira stability, improved FX liquidity, and sustained food supply from the ongoing harvest season.”
Saga Gist reports that the Central Bank of Nigeria, in its 302nd Monetary Policy Committee meeting, slashed interest rates to 27 per cent in response to the consistent moderation of the country’s inflation rate
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