BREAKING: Nigeria Inflation Rate Hits One-Year Low at 21.12%

Thenews_chronicle | 16-09-2025 04:12am |

Nigeria’s inflation rate eased for the fifth consecutive month, dropping to 21.12% in August from 21.88% in July 2025, according to new data from the National Bureau of Statistics (NBS). The decline was driven largely by easing food prices, with the food inflation index slowing to 1.65% month-on-month. Overall, headline inflation fell 0.74% on a

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