• Login
  • Register
Nairametrics
  • Home
  • Exclusives
    • Recapitalization
      • Access Holdings Offer
      • Fidelity Bank Offer
      • GTCO Offer
      • Zenith Bank Offer
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Nairalytics
  • Economy
    • Business News
    • Budget
    • Public Debt
    • Tax
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Public Offer & Right Issues
      • Stock Market News
    • Fixed Income
    • Funds Management
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Market Views
    • Op-Eds
    • Research Analysis
  • Home
  • Exclusives
    • Recapitalization
      • Access Holdings Offer
      • Fidelity Bank Offer
      • GTCO Offer
      • Zenith Bank Offer
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Nairalytics
  • Economy
    • Business News
    • Budget
    • Public Debt
    • Tax
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Public Offer & Right Issues
      • Stock Market News
    • Fixed Income
    • Funds Management
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Market Views
    • Op-Eds
    • Research Analysis
Nairametrics
Home Economy

Ekiti retains spot as Nigeria’s most inflation-hit state in October at 20.1% 

Olalekan Adigun by Olalekan Adigun
November 17, 2025
in Economy, Inflation
Food, commodity inflation, food insecurity
Share on FacebookShare on TwitterShare on Linkedin

Ekiti State has once again emerged as the state with the highest inflation rate in Nigeria for October 2025, posting a headline inflation rate of 20.1%.

On a year-on-year basis, this represents an increase of 2.2%, demonstrating the persistent rise in living costs across the state.

The latest figures, released on Monday by the National Bureau of Statistics (NBS), mark the second consecutive month in which Ekiti has topped the national inflation chart.

MoreStories

Doris Uzoka-Anite

FG unveils 2026 growth acceleration strategy to drive jobs, investment 

January 2, 2026
CBN, forex

Private sector credit rises to N74.63tn after September rate cut

January 2, 2026

This continued trend highlights the deepening cost-of-living pressures facing residents, with Ekiti maintaining its position as the country’s most expensive state in 2025.

Although the state recorded a high overall inflation figure, the data also shows that annual food inflation stood at 19.7%, indicating a 4.8% decline compared to the previous period. This drop suggests that the primary drivers of rising prices in Ekiti have shifted away from food items to other essential categories.

According to the NBS, inflationary pressure in Ekiti is now being fuelled predominantly by non-food components such as housing costs, transport fares, electricity tariffs, healthcare services, and other miscellaneous expenses. These structural cost increases reflect broader economic challenges, including higher logistics expenses, increased energy costs, and a general rise in service-related prices nationwide.

For households in the state, this shift signals a growing burden, as non-food essentials usually account for a substantial part of monthly budgets. Rising transport costs, electricity charges, and accommodation fees have particularly squeezed disposable incomes, leaving many families struggling to keep up with basic needs.

Nasarawa, Ogun, and others follow

States such as Nasarawa (19%), Zamfara (18.8%), Ogun (18.3%), and Delta (18.3%) also recorded notably high inflation rates in October, reflecting widespread price pressures across the federation.

While several other states posted elevated but comparatively lower figures, the NBS report shows that Ekiti remains significantly above the national average, reinforcing its position as the most inflation-hit state for the month.

What you should know 

Nairametrics earlier reported that Nigeria’s inflation trajectory showed a notable improvement in October 2025, with the headline inflation rate easing to 16.05%, a significant decline from the 18.02% recorded in September 2025.

NBS noted that the year-on-year headline inflation rate stood at 17.82%, lower than the 33.88% recorded in October 2024.

In September, Nairametrics reported that Ekiti state emerged as the most expensive place to live in Nigeria in August 2025, making history as the first South-Western state to top the inflation rankings since the rebasing of the Consumer Price Index (CPI) in January.

Ekiti’s rise dethroned Borno, which had been Nigeria’s most expensive state for three consecutive months—May, June, and July 2025.


Follow us for Breaking News and Market Intelligence.
Olalekan Adigun

Olalekan Adigun

Olalekan Adigun is a seasoned political analyst and writer with extensive experience in crafting compelling narratives and executing strategic initiatives. Known for his insightful commentary on governance, policy, and socio-economic issues, he has contributed to various national and international platforms.

Next Post
How Zedcrest Wealth is closing the financial literacy gap in Nigeria with the Zedcrest Wealth Academy 

How Zedcrest Wealth is closing the financial literacy gap in Nigeria with the Zedcrest Wealth Academy 

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

rabafast

tajbank

access bank
nairametrics
first bank







DUNS

Follow us on social media:

  • HOME
  • ABOUT NAIRAMETRICS
  • CONTACT US
  • DISCLAIMER
  • ADs DISCLAIMER
  • COPYRIGHT INFRINGEMENT

© 2026 Nairametrics

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Social Media Auto Publish Powered By : XYZScripts.com
No Result
View All Result
  • Home
  • Exclusives
    • Recapitalization
      • Access Holdings Offer
      • Fidelity Bank Offer
      • GTCO Offer
      • Zenith Bank Offer
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Nairalytics
  • Economy
    • Business News
    • Budget
    • Public Debt
    • Tax
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Public Offer & Right Issues
      • Stock Market News
    • Fixed Income
    • Funds Management
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Market Views
    • Op-Eds
    • Research Analysis
  • Login
  • Sign Up

© 2026 Nairametrics