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BREAKING: Nigeria’s inflation rate accelerates to 13.2% in August, highest in 29 months

Nigeria’s Consumer Prices Index (CPI), commonly known as inflation, accelerated by 13.22 percent in August 2020, according to data released by the National Bureau of Statistics (NBS) Tuesday morning. This marks the 12th consecutive uptrend since September 2019 and the highest in 29 months, a BusinessDay analysis shows. Data from the NBS August 2020 inflation…

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