Nigeria’s February inflation figure slumps to 17.78 pct

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LAGOS  – Annual inflation in Nigeria fell in February to 17.78 percent from 18.72 percent in January, the National Bureau of Statistics said on Tuesday, the first decline in 15 months.

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A separate food index showed inflation at 18.53 percent from 17.82 percent in January, the statistics office said.

 

Naija247news
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Naija247news is an investigative news platform that tracks news on Nigerian Economy, Business, Politics, Financial and Africa and Global Economy.

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