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Nigeria’s Inflation Cools Again to 22.97% in May 2025

Nigeria’s inflation rate has dropped to 22.97 per cent in May 2025 from the 23.71 per cent recorded in April 2025, according to the National Bureau of Statistics (NBS), marking the second consecutive month of cooling. The statistics office said the May 2025 headline inflation rate decreased 0.74 per cent compared to the April headline […]

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