Business News
BREAKING: Nigeria’s inflation eases to 15.10%
Nigeria’s inflation rate dropped slightly to 15.10 per cent in January 2026, down from 15.15 per cent recorded in December 2025.
This was disclosed in the latest Consumer Price Index report released on Monday by the National Bureau of Statistics.
According to the bureau, the January figure shows a 3.8 percentage point decrease compared to the previous month. The report also noted that inflation declined by 127.4 per cent in January 2026.
Food prices also recorded a drop during the period under review. The NBS stated that food inflation eased to 8.89 per cent in January, compared to 10.84 per cent in December.
“The Consumer Price Index (CPI) declined to 127.4 in January 2026, reflecting a 3.8-point decrease from the preceding month (131.2).
“In January 2026, the headline inflation rate eased to 15.10%, down from 15.15% in December 2025.
“On a month-on-month basis, the headline inflation rate in January 2026 was -2.88%, which was 3.42% lower than the rate recorded in December 2025 (0.54%). This means that in January 2026, the rate of increase in the average price level was lower than the rate of increase in the average price level in December 2025,” NBS stated on X on Monday.
Recall that the inflation rate rose to 15.15 percent in December 2025, according to NBS.
Despite the disinflation in January 2026, Nigerians have continued to lament the rising cost of living nationwide.
Follow Us on Google Discover
Opposition will front a single candidate against Tinubu, announcement will be made few days to election – Lukman
La Liga: Unstoppable Barcelona beat Real Betis 5-2 to extend winning run
EPL: Super Eagles star Iwobi fires Fulham to first league victory
Ogun hospital under fire as Nurse dies of asthma attack amid alleged oxygen failure
Maryam Babangida Center for Women Devt gets first wheel chair ramp after 34 years
Shettima inaugurates Arewa for Asiwaju campaign office in Abuja
2027: ‘APM will beat Tinubu in 12 battleground states’ – Makinde’s campaign team
Veteran Journalist, diplomat Dele Cole dies at 86
Suspended NSCDC commandant apologises over deaths of suspected illegal miners in Niger
EPL: Martinez rushed to hospital after head injury as Chelsea beat Everton
COAS arrives Borno as Military moves to clear terrorist camps, rescue abductees
Macky Sall quits race for UN Secretary-General position
Buhari backed Osinbajo’s presidential ambition four times, Akande tells Babachir Lawal
Dr. Benjamins‑Laniyi urges media to amplify women’s leadership, adopt gender‑sensitive reporting
Pope Leo XIV set to leave hospital after lung cancer surgery
Erisco Foods announces 13 job openings across Nigeria – Apply Now
2027: Step down if you are not working for Tinubu – Deji Adeyanju dares Obi, Kwankwaso
House Officers, Nurses, Radiographers, Others wanted as DELSUTH opens recruitment – Apply Now
Tinubu reappoints Bala Bila as INEC commissioner, nominates six others
Elon Musk unveils Tesla’s ‘flying’ car in stunning demonstration
2027: Kwankwaso a goat in sheep’s clothing, secretly working for Tinubu – Atiku Campaign Council
2027: Tinubu to miss rallies in over 20 States as APC releases campaign timetable
33 Governors cannot be wrong in supporting Tinubu – Bayo Onanuga
Gunmen storm Plateau, kill traditional ruler at residence
Outrage as suspected cultists unveil renovated police post in Rivers
2027: ‘Atiku, Obi, Duke, Makinde are not threats to Tinubu’, says APC
Atiku fully fit, ready to campaign in all 36 states, interact with Nigerians – ADC PCC
2027: ‘Don’t trust your destiny to ‘kalokalo’ people’ – Wike warns Rivers voters against Atiku, Amaechi, Obi
BREAKING: Oyebanji makes history as first Ekiti Governor to win second consecutive term
