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In October 2024, Nigeria’s inflation rate surged to 33.88%, up from 32.70% in September. This marked a significant year-on-year jump of 6.55 percentage points from October 2023’s 27.33%, underscoring mounting economic pressures on consumers and businesses across the nation. The month-on-month inflation for October 2024 rose to 2.64%, marginally higher than September’s 2.52%. This slight […]

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