Nigeria’s headline inflation rate eased slightly to 15.06 per cent in February 2026, down from 15.10 per cent in January, according to the latest figures from the National Bureau of Statistics.
The data show that the Consumer Price Index, which tracks changes in the average cost of goods and services, rose to 130.0 in February from 127.4 in the previous month, reflecting a 2.6-point increase.
Despite the modest annual decline, month-on-month inflationary pressures intensified.
The headline inflation rate for February 2026 stood at 2.01 per cent, representing a sharp increase of 4.89 percentage points compared to the -2.88 per cent recorded in January 2026.
More to come…
