Nigeria’s inflation rate dropped to 14.63 per cent in September, from 15.39 per cent in August, driven largely by falling food prices.
Food inflation recorded a month-on-month decrease of 1.55 per cent, offering some relief to households struggling with the cost of essentials.
However, core inflation remains high at 12.95 per cent year-on-year, while urban inflation continues to exceed rural inflation.
DOTT TV Business Correspondent engages Financial Analyst, Lucky Enakirerhi, for more insight.
Watch the full video from the link below:
