BREAKING: Nigeria’s inflation eases to 15.10%

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In January 2026, Nigeria’s inflation rate decreased to 15.10% from 15.15% in December 2025.

This is based on the Consumer Price Index released by the National Bureau of Statistics (NBS) on Monday.

NBS reported that in January 2026, the country’s inflation dropped by 127.4 percent, representing a decrease of 3.8 percentage points compared to the previous month.

In the same vein, NBS reported that food inflation declined to 8.89 percent in January, down from 10.84 percent in December.

“The Consumer Price Index (CPI) declined to 127.4 in January 2026, reflecting a 3.8-point decrease from the preceding month (131.2).

“In January 2026, the headline inflation rate eased to 15.10%, down from 15.15% in December 2025.

“On a month-on-month basis, the headline inflation rate in January 2026 was -2.88%, which was 3.42% lower than the rate recorded in December 2025 (0.54%). This means that in January 2026, the rate of increase in the average price level was lower than the rate of increase in the average price level in December 2025,” NBS stated on X on Monday.

As reported by the NBS, keep in mind that the inflation rate increased to 15.15% in December 2025.

Even with the disinflation in January 2026, Nigerians are still lamenting the nationwide increase in living costs.

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