By Seun Ibiyemi
Nigeria’s headline inflation rate eased marginally to 15.06 per cent in February 2026, down from 15.10 per cent recorded in January, according to the latest data from the National Bureau of Statistics.
The data showed that the Consumer Price Index (CPI), which measures the average change in prices of goods and services over time, rose to 130.0 in February from 127.4 in the preceding month.
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This represents a 2.6-point increase in the index, indicating a continued rise in the general price level despite the slight moderation in the annual inflation rate.
However, on a month-on-month basis, inflationary pressures intensified during the period.
The month-on-month headline inflation rate stood at 2.01 per cent in February 2026, reflecting a sharp increase of 4.89 percentage points compared with the negative growth rate of -2.88 per cent recorded in January.
Detail later….
