Nigeria’s inflation slows again in August, drops to 20.12% as food prices ease

Nigeria’s inflation rate continued its downward slide in August 2025, falling to 20.12% from 21.88% in July, marking the fifth consecutive month of decline, according to the latest data from the National Bureau of Statistics (NBS). The NBS report shows a 1.76 percentage point drop from the previous month and confirms a sustained decline that

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