Nigeria’s headline inflation slowed to 15.1 percent in January from 15.2 percent in December, according to data from the National Bureau of Statistics, continuing a gradual easing trend seen in recent months. Analysts at CardinalStone and CSL Stockbrokers project inflation could moderate further in February, with estimates ranging between 14.1 percent and 14.4 percent, supported by lower food prices and relative exchange rate stability. On the surface, the trend suggests the worst of the price surge may be over. But as the country edges c
Nigeria’s headline inflation slowed to 15.1 percent in January from 15.2 percent in December, according to data from the National Bureau of Statistics, continuing a gradual easing trend seen in recent months. Analysts at CardinalStone and CSL Stockbrokers project inflation could moderate further in February, with estimates ranging between 14.1 percent and 14.4 percent, supported by lower food prices and relative exchange rate stability. On the surface, the trend suggests the worst of the price surge may be over. But as the country edges c