Nigeria Evening Wrap: Inflation Eases, Security Operations Intensify, and Political Lines Harden

Nigeria's headline inflation rate dropped to 15.43% in July 2026, down 0.48 percentage points from 15.91% in June and a massive fall from 24.94% a year ago. However, food inflation actually jumped to 5.56% month-on-month, driven by surging prices of crayfish, fresh pepper, and onion. The National Bureau of Statistics data suggests the CBN's tight monetary policy is biting, but household food baskets remain painfully expensive.

2. Army...