
JUST-IN: Nigeria’s Inflation Rate Drops After Fifth Consecutive RiseÂ
Nigeria’s annual inflation rate eased for the first time in five months after a persistent rise. Inflation rate eased to 33.40 per cent in July 2024 compared to 34.19 per cent in June, the National Bureau of Statistics (NBS) announced Thursday. According to the NBS, the July headline inflation rate showed a decrease of 0.8…