Nigeria’s annual inflation rate eased to 23.18 per cent in February from 24.48 per cent in January 2025, the National Bureau of Statistics (NBS) said on Monday.
The statistics office said the February 2025 headline inflation rate showed a decrease of 1.30 per cent compared to the January 2025 headline inflation rate.
On a year-on-year basis, the headline inflation rate was 8.52 per cent lower than the rate recorded in February 2024 (31.70 per cent).
This, it said, shows that the…
Read the full article here
