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BREAKING NEWS: Nigeria’s inflation rate drops to 22.97% in  May, says NBS

Based on the Consumer Price Index (CPI) data from the National Bureau of Statistics (NBS), Nigeria’s headline inflation eased by 74basis points to 22.97 per cent  in May 2025  from 23.71 per cent reported in April 2025. On a month-on-month basis, consumer prices moderated to 1.53 per cent from 1.86 per cent month-on-month (m/m) in […]

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