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2024: World Bank Forecasts Nigeria’s Inflation to Drop to 24.8% - MegaIcon Magazine
The World Bank, on Monday, released projections indicating a significant drop in Nigeria's inflation rate to 24.8 percent year-on-year (YoY) in 2024. This revelation follows recent data from the Nigerian Bureau of Statistics (NBS), which reported a current inflation rate of 31.7 percent in February, up from 29.9 percent recorded in January. "Inflation