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JUST IN: Nigeria’s inflation eases slightly to 15.06% in February

Nigeria's inflation will fall to 21% in 2024 - Cardoso

Nigeria’s headline inflation rate moderated marginally to 15.06 per cent in February 2026, down from 15.10 per cent recorded in January 2026.

The latest data released by the National Bureau of Statistics indicate that the Consumer Price Index, which measures changes in the average price level of goods and services, rose to 130.0 in February from 127.4 in the preceding month. This represents a 2.6-point increase.

On a month-on-month basis, however, inflationary pressures accelerated.

The headline inflation rate stood at 2.01 per cent in February 2026, marking a sharp increase of 4.89 percentage points compared to the -2.88 per cent recorded in January 2026.

Details later…