When Inflation Returns: External Shocks and Nigeria’s Fragile Price Stability

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For nearly a year, Nigeria’s macroeconomic narrative had been cautiously optimistic. Inflation had been trending downward, monetary tightening appeared to be working, and exchange rate reforms were gradually stabilising the naira. But March 2026 may prove to be a turning point. Data shows that headline inflation rose slightly from 15.06% in February to 15.38% in […]

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