Nigeria’s inflation rate eased to 15.10 percent in January 2026, driven largely by falling food prices after the CPI rebasing, the National Bureau of Statistics reported.
Nigeria’s inflation rate declined to 15.10 percent in January 2026 following the rebasing of the Consumer Price Index (CPI), according to the National Bureau of Statistics. The Bureau said, “the headline inflation rate for January 2026 stood at 15.10%, fell by 0.05% and 12.51% when compared to 15.15% and 27.61% recorded in December 2025 and January 2025, respectively,” adding that food prices drove the relief as the month-on-month headline rate fell to -2.88 percent, with notable declines in staple items across several states.
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