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Nigeria's inflation rate surged to 33.88% in October 2024, marking an increase from 32.7% recorded in September. This reflects a month-on-month rise of 1.18 percentage points, according to the latest ...
Nigeria's headline inflation rate has hit 21.91%, a level unseen in decades, despite declining buying power, declining aggregate demand, and other indications that show decreased consumption and slow corporate activity, ...
A significant international conflict broke out just as the economy started to stabilize and supply chain problems started to fade. Some of the biggest inflation rates in history were brought ...