The National Bureau of Statistics (NBS) on Thursday reported that Nigeria's headline inflation rate has dipped to 33.40% in July from 34.19% in June, sparking a glimmer of hope for many Nigerians.
In July 2024, the food inflation rate stood at 39.53% year-on-year, a significant increase from 26.9
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Taofeek Oyedokun
Taofeek Oyedokun is a correspondent at BusinessDay with years of experience reporting on political economy, public policy, migration, environment/climate change, and social justice. A graduate of Political Science from the University of Lagos, he has also earned multiple professional certificates in journalism and media-related training. Known for his clear, data-driven reporting, Oyedokun covers a wide range of national and international socioeconomic issues, bringing depth, balance, and public-interest focus to his work.
