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Story summary
- Nigeria's inflation rate decreased to 18.02% in September 2025, the lowest in three years, following a six-month decline.
- The Central Bank of Nigeria (CBN) cut the Monetary Policy Rate (MPR) by 50 basis points to 27%, its first reduction in five years.
- Analysts anticipate further rate cuts as inflation eases, aided by stable crude output and lower food prices.
- The World Bank cautions that food price volatility could disrupt this trend, highlighting risks in monetary policy adjustments.
