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    National Bureau of Statistics (NBS): Nigeria’s inflation drops to 15.91 % in October

    It said the index made it the ninth consecutive decline or slowdown in the inflation rate, though still positive in headline year-on-year inflation, since January. The National Bureau of Statistics (NBS) says inflation rate, measured by the Consumer Price Index (CPI), has further dropped to 15.91 per cent in October  from 15.98 recorded in September.The NBS disclosed this in its “CPI Oct. 2017 Report’’ released on Wednesday in Abuja.

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