The National Bureau of Statistics (NBS) says Nigeria’s headline inflation rate has dropped to 15.1 percent in January, down from the 15.15 percent recorded in December 2025.
Nigeria’s headline inflation is projected to rise toward 19% in January 2026, despite month-on-month price pressures easing, due to statistical base-year effects.
You don’t need a degree in economics to understand Nigeria’s inflation crisis. A simple visit to any local market tells the story more clearly than charts or policy papers ever could.
The real value of employees’ earnings fell sharply by about N2.79tn in 2024 to N25.48tn, indicating that workers became poorer as inflation wiped out gains from higher nominal pay, data from the Central Bank of Nigeria show.
Tight Monetary Policy Slashes Inflation by 10% - CBN
Nigeria’s sustained monetary tightening has played a central role in slowing inflation, with research estimates showing that the Central Bank of Nigeria’s policy stance accounted for as much as 10 percentage points of the decline in...
‎Yobe and Ogun states have recorded the highest food inflation rates in Nigeria, even as the country’s overall inflation eased to 15.15%, according to the latest data from the National Bureau of Statistics (NBS).