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The National Bureau of Statistics (NBS) has announced that Nigeria’s headline inflation rate decreased to 14.45 per cent in November, from 16.05 per cent recorded in October 2025.
The NBS announced this via its Consumer Price Index (CPI) report on Monday, December 15.
This marked the eighth consecutive drop in 2025 — surpassing President Bola Tinubu’s 15 percent target.
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The NBS stated that on a month-on-month basis, the headline inflation rate in November 2025 was 1.22%, which was 0.29% higher than the rate recorded in October 2025 (0.93%).
On a month-on-month basis, the food inflation rate in November 2025 was 1.13%, up by 1.5% compared to October 2025 (-0.37%).
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