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The National Bureau of Statistics (NBS) announced on September 16 that Nigeria’s inflation rate declined to 32.15% in August 2024, marking the second consecutive decrease this year. In spite of the slight drop, experts warn that the economic situation remains challenging for citizens as the cost of essential goods continues to strain households. Food inflation, although down to 37.52%, remains …
Read More »Nigeria’s Inflation Rate Drops to 32.15%, but Economic Challenges Persist
