Macro Shift · reviewed-evidence weekly edition
Edition week of 2026-10-26 · published 2026-10-28 · source evidence last reviewed 2026-10-22. Monitoring edition: no newly reviewed CPI or MPC release since the preceding edition. The figures retain their own older source publication dates; publication of an edition is not a new CPI or MPC release.
This weekly monitoring edition contains no newly reviewed CPI or MPC announcement. The observation dates remain unchanged.
Nigeria headline CPI inflation was 14.63% year-on-year for September 2026, versus 15.39% for August 2026. The change was -0.76 percentage points. Food inflation was 19.59% and core inflation was 12.95%.
The CBN observation is MPR 23.00% (MPC decision, 22 September 2026). The CPI release and the MPC decision concern different events; neither establishes why any particular security moved.
Inflation and monetary policy may affect investor expectations, borrowing costs and purchasing power. Effects on particular securities require independent issuer- and market-specific evidence. This analysis does not assume a positive investment return or forecast a policy decision.
Confidence: higher in the dated, manually reviewed observations; limited for directional impacts on individual investments.
Links are to the publishing institutions rather than guaranteed direct PDF reports. Check dates before relying on observations.