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Nigeria’s inflation rate falls for the first time in nearly two years

Nigeria’s headline inflation rate has dropped to 33.40% in July 2024, a decrease from 34.19% in June 2024. This marks the first decline since...

Inflation rises to 22.79% as food prices skyrocket

The Nigerian Bureau of Statistics has stated that the Headline inflation rate for June rose to 22.79% when compared to the 22.41 percent recorded...

Nigeria faces highest inflation rate in 17 years with 20.52%

The consumer price index (CPI), which measures the rate of change in prices of goods and services, has risen to 20.52 percent in August...

2022: Nigeria’s inflation rate may be among world’s highest – World Bank

The World Bank has said Nigeria may have one of the highest inflation rates globally in 2022, with increasing prices diminishing the welfare of...

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