National
Nigeria’s inflation drops to 32.15% in August 2024
2 years agoAn empty petrol station in Lagos, on September 4, 2024. Already desperate with inflation, soaring food costs and a battered naira currency, Nigerians grappled on September 4, 2024 with widespread fuel scarcities and a decision by the state oil company to increase pump prices. For many, it was the latest measure to eat into their budgets as President Bola Ahmed Tinubu's government introduces reforms aimed at reviving the economy of Africa's most populous nation. (Photo by FAWAZ OYEDEJI / AFP)
Nigeria's headline inflation further eased to 32.15 per cent in August. This is 1.25 per cent lower than the rate in July which was 33.40 per cent. This Even…