energy prices

As Nigerian states grapple with varying inflation pressures and UK manufacturers buckle under energy bills, the global cost-of-living crisis reveals itself as fundamentally an energy story—one that determines where people can afford to build their lives.

Nigeria's headline inflation rate declined to 15.10% in January 2026 from 15.15% in December 2025, marking a modest deceleration driven by lower food, fuel, and cooking gas prices, according to the National Bureau of Statistics.