Nigeria's Inflation Rate Falls to 15.1% in January 2026

As of January 10, 2026, Nigeria's inflation rate has dropped to 15.1%, a slight decrease from 15.15% recorded in December 2025. This information is based on the latest Consumer Price Index (CPI) report released by the National Bureau of Statistics (NBS) on Monday.

The report indicates a marginal decline of 0.05 percentage points, suggesting a continued slowdown in price pressures at the start of the year. This decline is significant when compared to the same period last year, as the inflation rate in January 2026 is 12.51 percentage points lower than the 27.61% recorded in January 2025.

The report highlights the ongoing efforts to manage inflation and the economic conditions affecting consumer prices in Nigeria.