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Nigeria’s Inflation Rate eases for Second Consecutive Month

Nigeria’s inflation rate has shown signs of moderation, easing for the second consecutive month in February 2025.

This development has raised hopes that the country’s price pressures may have peaked, offering a glimmer of relief for households and businesses.

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While prices are still rising, the slowdown suggests a gradual easing of inflationary pressures in the economy. Analysts remain cautiously optimistic, noting that further stabilization of the naira and sustained efforts to address supply chain disruptions will be crucial in maintaining this trend.

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