Nigeria’s rebased January inflation drops to 24.48%

Nigeria’s rebased headline inflation fell to 24.48 per cent year-on-year in January 2025. Data by the National Bureau of Statistics shows that urban inflation stood at 26.09 per cent while rural inflation came to 22.15 per cent. Bankole Odusanya, Chief Dealer at Polaris Bank, joins CNBC Africa to unpack these numbers and the impact on monetary policy decision.

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