Listen! Assessing Nigeria's price pressures
Listen! Assessing Nigeria's price pressures

Listen! Assessing Nigeria's price pressures

Lungelo Mpangase

7 min
News
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Nigeria's inflation sat at an 18-year high of 24.1% in July, largely driven by food and transport increases. Citizens have taken to the streets in protest against the cost-of-living crisis which has been exacerbated by the removal of the fuel subsidy. Business Day assessed Nigeria's price pressures in greater detail with Ridle Markus, SSA Macroeconomist at Absa CIB.

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