Despite the fourth consecutive decline in the country’s inflation rate, Nigerians and businesses are yet to experience the much expected relief.
News men reported that Nigeria’s inflation dropped to 21.88 percent in July from 22.22 percent in June. A decline has been the case since April 2025, when it stood at 23.7 percent on a month-on-month basis.
While the rebase led to a significant drop in the standing of the country’s inflation, Nigerians and businesses have continued to experience worsening economic realities.
