Nigeria has bagged an unwanted trophy, topping the inflation charts among Africa’s ten largest economies in 2024. With a jaw-dropping inflation rate of 34.80% in December, it’s the only economy in this elite club to cross the 30% threshold. Think of it as winning a marathon nobody wanted to run. The only other contestant with a noticeable stumble was Angola, which leapt from a modest 18.19% in December 2023 to 28.41% by the end of 2024.
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