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Nigeria's headline inflation hits 25.80% — Nigeria — The Guardian Nigeria News – Nigeria and World News

The headline inflation rate increased to 25.80 per cent in August driven mainly by food and non-alcoholic beverages, which contributed 13.36 per cent. This figure is 1.72 per cent points higher when compared to the July 2023 headline inflation rate, which was 24.08 per cent. On a year-on-year basis, the headline inflation rate was 5.27 […] ....

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Nigeria forfeits N16.4tr in tax revenue in three years, coalition laments

A coalition of civil society organisations has lamented that the federal government forfeited N16.4 trillion of its revenue between 2020 and 2022 despite its huge fiscal deficit. ....

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