Nigeria’s headline inflation raced to 19.64 percent in July 2022 on a year-on-year basis, the highest in 16 years and 10 months, according to data from the National Bureau of Statistics (NBS). The July inflation figure is higher than the 18.60 percent recorded in June 2022, and the 17.38 percen
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Teliat Abiodun Sule Assistant Editor, Economy & Markets

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