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Nigeria’s food inflation returns to double digits, hits 12.12% in February

Nigeria’s food inflation returns to double digits, hits 12.12% in February

The food inflation rate in February stood at 12.12 per cent, up from 8.89 per cent recorded in the previous month, according to theNational Bureau of Statistics(NBS). The NBS inflation report in January showed that the food inflation rate slumped to its lowest level in 14 years, at 8.89 per cent, th...

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Verified on Mar 16, 2026

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