Nigeria’s inflation accelerates to 24.4% in March

Nigeria’s inflation accelerated in March, reversing the temporary relief seen in February, as festive spending during Eid al-Fitr, and renewed currency depreciation lifted prices across the board. Headline inflation rose to 24.2%, according to the National Bureau of Statistics (NBS), up from 23.18% in February. Food inflation declined to 21.79% compared to last month…
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