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Nigeria’s Inflation Eases Slightly to 15.06% in February – NBS

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BY NKECHI NAECHE—The National Bureau of Statistics (NBS) has revealed that Nigeria’s headline inflation eased slightly from 15.10% in January 2026 to 15.06% in February.

The Bureau stated that the Consumer Price Index (CPI) rose to 130.0 in February, up 2.6 points from 127.4 in January, indicating a slower increase in the overall price level.

“The Consumer Price Index (CPI) increased to 130.0 in February 2026, reflecting a 2.6 point increase from the preceding month. Headline inflation eased to 15.06%, down from 15.10% in January 2026,” the NBS said.

On a month-to-month basis, inflation in February was 2.01%, compared to 4.89% in January, showing a 2.88% decline in the rate of price growth.

Earlier, the NBS reported that headline inflation dropped from 15.15% in December 2025 to 15.10% in January 2026, while the CPI fell from 131.2 to 127.4, reflecting a modest slowdown in price increases.

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