Nigeria's Economic Pulse: Inflation Eases, Dangote IPO Launches, but Debt Risks Linger

Nigeria's headline inflation finally broke its streak, easing to 15.39% in August from 15.43% in July — the first dip in three months and a massive drop from the 23.14% recorded a year ago. The real story for household budgets? Food inflation plunged to 19.57%, ending five consecutive months of increases and delivering a rare win for Nigerian consumers.

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Aliko Dangote launched what he's calling "The People's IPO" — a ₦2.15 trillion offering of...