Nigeria’s Inflation Falls for Fifth Month in August, Raising Pressure on CBN to Cut Rates

Nigeria’s headline inflation rate eased for the fifth consecutive month in August 2025, dropping to 20.12% from 21.88% in July, according to the latest figures released Monday by the National Bureau of Statistics (NBS). On a month-on-month basis, headline inflation stood at 0.74% in August, reflecting a moderation compared to previous months. The NBS explained

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