Nigeria, March 30 -- Even as broader factors like improved foreign exchange stability and recent statistical changes support a generally steady outlook, analysts note that the expected increase reflects ongoing cost pressures, mostly from food and fuel.

With headline inflation falling to 15.06% in February 2026, the eleventh straight month of decrease, and the lowest level in years, was recorded. But on a monthly basis, prices increased, with food costs accounting for the bulk of the rise due to supply restrictions and seasonal influences on major mainstays.

Rising worldwide oil prices have also heightened domestic cost concerns, therefore raising fuel prices and driving up logistics and transportation expenses throughout the country....