Nigeria’s inflation rate has reduced slightly to 15.10% in January 2026, down from 15.15% recorded in December 2025.

Sources reports that this is based on the latest Consumer Price Index (CPI) report released by the National Bureau of Statistics (NBS) on Monday.

According to the report, the marginal decline of 0.05 percentage points suggests a continued slowdown in price pressures at the start of the year, following several months of easing inflation.

On a year-on-year basis, inflation dropped significantly compared to the same period last year. The January 2026 rate of 15.10% is 12.51 percentage points lower than the 27.61% recorded in January 2025.

Details later…