Nigeria’s headline inflation eased to 16.05% in October 2025, down from 18.02% in September, in accordance with the most recent Client Value Index (CPI) report launched by the Nationwide Bureau of Statistics (NBS).
The moderation follows the complete adoption of the brand new CPI base yr (2024 = 100), which has considerably altered year-on-year comparisons.
Regardless of the softer annual determine, underlying worth momentum picked up.
Month-on-month inflation rose to 0.93%, greater than 0.72% in September.
Nonetheless, meals inflation eased to 13.12% year-on-year from 39.16% in October 2024, a drop of 26.04 share factors, following the change within the CPI base yr. On a month-to-month foundation, meals costs rose -0.37%, a rise from -1.57% in September, indicating recent upward strain.
Regardless of indicators of easing headline inflation throughout the nation, the information from the NBS revealed that some states stay considerably costlier to reside in than others.
Based mostly on the most recent CPI report for October 2025, these are the highest 10 costliest states to reside in Nigeria:
Rivers recorded an annual inflation charge of 17.2%, with meals inflation hitting 18.0% year-on-year. Apparently, the state noticed a 3.2% drop in month-on-month meals costs, suggesting short-term reduction within the meals market, whilst all-item inflation rose by 1.2% in October. This divergence signifies that non-food gadgets, resembling transport and housing, contributed extra considerably to the rising price of residing in October.
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