- Annual inflation drops to 24.48% in January from 34.80% in December following recalculation
- Food inflation eases as naira stabilises, prompting speculation on rate policy shift
Abuja, Nigeria – Nigeria’s annual inflation slowed in January to 24.48% from 34.80% the previous month after the National Bureau of Statistics (NBS) implemented changes to the calculation of the country’s composite price index.
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