Nigeria's Economic Tightrope: Inflation Falls, Naira Strengthens, But Debt and Growth Hurdles Remain

15.43% — Nigeria's headline inflation rate fell to this level in July, down 0.48 percentage points from June's 15.91%, marking continued progress in the Central Bank of Nigeria's fight against rising prices.

Money Moves

• Inflation Drops to 15.43% — July's headline inflation fell to 15.43% from 15.91% in June, with urban inflation at 16.12% and rural at 13.77%, showing broad-based moderation
• Naira Hits 4-Month High — The naira strengthened to...