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Nigeria's Inflation Eases Slightly to 15.39% in August 2026 The National Bureau of Statistics reported headline inflation at 15.39 percent year-on-year in August, down from 15.43 percent in July and far below 23.14 percent a year earlier. Food inflation fell to 19.57 percent, its first drop in six months, while core inflation eased to 13.29 percent. Government officials like Aviation Minister Festus Keyamo hailed the trend as proof of President Tinubu's policies working, but skeptics like Theo Abu Agada dismissed the figures amid high fuel prices near ₦1,500 per litre and unrelenting living costs—stressing that prices are still climbing, just more slowly.
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