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Nigeria’s food inflation drops to 14-year low

Nigeria’s food inflation drops to 14-year low

Nigeria recorded single-digit food inflation of 8.89 per cent in January, after over a decade of high staple food prices, a report by theNational Bureau of Statistics (NBS) showed. The NBS inflation report showed that the drop in the food inflation rate is the lowest recorded in the last 14 years, w...

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