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flag Nigeria's inflation surged to 15.38% in March due to soaring fuel and energy costs.

flag Nigeria's inflation rate increased to 15.38% in March, reversing a 12-month decline, driven primarily by soaring fuel and energy costs. flag Experts attribute the surge to higher petrol, diesel, and gas prices, which have raised transportation and production expenses. flag This month-on-month jump to 4.18% signals accelerating price pressures as structural inefficiencies in the oil sector and rising international gas prices further impact the economy.

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