Nigeria's Inflation Rate Drops to 15.10% in January 2026

Nigeria's inflation rate has decreased to 15.10% in January 2026, a slight decline from 15.15% recorded in December 2025, as reported by the National Bureau of Statistics (NBS). This reduction represents a margin decline of 0.05 percentage points, suggesting a continued slowdown in price pressures at the start of the year.

The year-on-year inflation rate shows a significant drop compared to the same period last year, with January 2026's rate being 12.51 percentage points lower than the 27.61% recorded in January 2025. This trend indicates a potential easing of inflationary pressures in Nigeria, reflecting the economic adjustments over the past year.