According to the National Bureau of Statistics, Nigeria’s headline inflation rate fell to 15.10 percent in January. According to the Bureau’s monthly inflation report, the headline inflation rate decreased from 15.15 percent in December 2025 to 15.10 percent in January 2026. The headline inflation rate was 0.05 percent lower than it was in December 2025.Rate of headline inflationFood items such as ater yam, eggs, green peas, groundnut oil, soy beans, palm oil, maize (corn) grains, guinea corn, beans, beef meat, unshelled melon (egusi), cassava tuber, and white cow peas were stated to have decreased in price. The report continued by stating that the inflation rate was 12.51 percent lower on a year-over-year basis than the rate recorded in January 2025 (27.61 percent). It further stated that this indicates that the inflation rate declined in January 2026 when compared to the same month in the previous year (i.e., January 2025).
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