Nigeria’s headline inflation dropped to 15.39% in August, continuing a three-month trend of easing price pressures. The Central Bank of Nigeria reported the slowdown in monthly price growth, indicating a slight improvement in inflation control. This follows a steady decline in inflation rates over the past few months, driven by reduced fuel prices and improved agricultural output. Analysts suggest the trend reflects better macroeconomic management and increased food supply. However, inflation remains above the target range set by the central bank. The government continues to monitor economic indicators closely to ensure stability.