Nigeria, Oct. 15 -- Nigeria's headline inflation rate edged down to 14.63 per cent in September, from 15.39 per cent a month earlier, official data from the National Bureau of Statistics showed on Thursday, as the pace of increase in price levels continues to slow in Africa's most populous country.

The development extends the downward trend in annual consumer inflation recorded in recent months, with inflation dropping marginally to 15.39 per cent in August from 15.43 per cent in July.

Food inflation stood at 19.59 per cent year-on-year in September, slightly higher than the 19.57 per cent recorded in August, but lower than the 20.16 per cent reported in September 2025.

Food accounts for a substantial share of household expenditure, pa...