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Nigeria’s energy inflation more than doubles to 10.85% in September

Source: Nairametrics

CEII brief

Nairametrics reported on 15 Oct 2026: Nigeria’s energy inflation more than doubles to 10.85% in September.

Nigeria’s energy inflation rate more than doubled on a year-on-year basis to 10.85% in September 2026, rising sharply from 4.69% in August as energy price pressures intensified across the country.

— Nairametrics
Read the full story on Nairametrics

Context from CEII

Exchange rates and the cost of capital shape every energy project, especially in emerging markets where equipment is priced in dollars.

₦1,331.83 per US dollar, reference rate today

Countries in this story

Original reporting © Nairametrics. Headline and excerpt quoted with attribution; the full article is available on the publisher’s site. CEII’s context is the Centre’s own and does not represent the publisher.

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