Nigeria's Inflation Rate Drops by 10% in One Month: Before there can be wonders, there must be wonders, by Abubakar M. Kareto In a surprising turn of events, Nigeria's inflation rate experienced a sharp decline, falling by 10.32 percentage points to 24.48 per cent in January 2025 from 34.8 per cent in December 2024, according to NBS. Though it is rare, a nation's inflation rate can drop by 10% in a month; I am not suggesting it is impossible; rather, several circumstances have to take place. To lower inflation, drastic and aggressive...