Nigeria’s inflation eases to 15.06% in February

Nigeria’s ostentation complaint eased to 15.06 per cent successful February 2026, down from 15.10 per cent successful January.

The National Bureau of Statistics, NBS, disclosed this successful its February Consumer Price Index and ostentation study released connected Monday.

According to the NBS, the country’s header ostentation declined by 0.04 percent points connected a month-to-month basis.

However, nutrient ostentation roseate to 12.12 per cent successful February from 8.89 per cent the erstwhile month.

“February 2026, the header ostentation complaint eased to 15.06 per cent, down from 15.10 per cent successful January 2026.

“On a month-on-month basis, the header ostentation complaint successful February 2026 was 2.01%, which was 4.89% higher than the complaint recorded successful January 2026 (-2.88%).

“This means that successful February 2026, the complaint of summation successful the mean terms level was higher than the complaint of summation successful the mean terms level successful January 2026,” NBS stated.

The Financial Derivatives Company, FDC, had earlier forecasted that February’s header ostentation would driblet to 14.07 per cent.

Nigeria’s ostentation eases to 15.06% successful February