Nigeria’s headline inflation rate dropped marginally to 15.10 per cent in January 2026, from 15.15 per cent recorded in December 2025, the National Bureau of Statistics (NBS) has announced.
The figure was contained in the latest Consumer Price Index (CPI) report released on Monday. The 0.05 percentage point decline signals a continued, though modest, easing of price pressures at the start of the year.
On a year-on-year basis, inflation stood at 15.10 per cent in January 2026, compared to 27.61 per cent in January 2025 , a drop of 12.51 percentage points.
The latest data reinforce signs of gradual stabilisation in consumer prices after a prolonged period of elevated inflation that strained household budgets and business operations.

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