Nigeria’s headline inflation rate dropped slightly to 15.06 per cent in February 2026, down from 15.10 per cent recorded in January 2026, the National Bureau of Statistics (NBS) said on Monday.
The figure was contained in the Consumer Price Index (CPI) report for February 2026 released by the agency.
The report said, “In February 2026, the Headline inflation rate eased to 15.06%, down from 15.10% in January 2026.”
The NBS also noted that the CPI rose to 130.0 in February 2026, representing a 2.6-point increase from 127.4 recorded in January.
According to the report, the February 2026 headline inflation rate declined by 0.04 percentage points compared with the January 2026 rate.
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On a year-on-year basis, the bureau said the headline inflation rate was 11.21 percentage points lower than the 26.27 per cent recorded in February 2025.
This indicates that inflation in February 2026 was lower than the rate recorded in the same month of the previous year.
The report added that on a month-on-month basis, the headline inflation rate in February 2026 stood at 2.01 per cent, which was higher than the -2.88 per cent recorded in January 2026.
It explained that the increase means the average price level rose faster in February 2026 than it did in January.
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