Nigeria’s headline inflation rate declined to 15.10 percent in January 2026, down from 15.15 percent recorded in December 2025.
The latest figures were released on Monday by the National Bureau of Statistics (NBS) in its Consumer Price Index (CPI) report.
According to the NBS, the CPI dropped to 127.4 in January 2026, representing a 3.8-point decrease from the 131.2 recorded in the previous month.
The bureau also reported a slowdown in food inflation, which fell to 8.89 percent in January from 10.84 percent in December.
On a month-on-month basis, the headline inflation rate stood at -2.88 percent in January 2026. This was 3.42 percentage points lower than the 0.54 percent recorded in December 2025, indicating that the pace of price increases slowed during the period under review.
The December inflation rate had earlier risen to 15.15 percent, according to the NBS.
Despite the moderation in inflation, many Nigerians continue to express concerns over the high cost of living across the country.
