Nigeria, Dec. 16 -- The National Bureau of Statistics' most recent figures show Nigeria's inflation rate slowing further in November to reach 14.45 percent, below the 15 percent goal established in the 2025 federal budget.

The statistics reveal a continuing decline in year-on-year inflation, decreasing from 16.06 percent in October and substantially lower than the 34.6 percent registered in November last year. Reflecting a small increase in average price levels over the previous month, the consumer price index also rose somewhat to 130.5 points.

The News Chronicle gathered that the disinflation trend has been helped by recent economic changes, including more stable exchange rates and harsher monetary policy. But the figures also show un...