Nigeria’s inflation rate has risen to 21.91%, compared to January 2023 inflation rate which was 21.82%.
The consumer price index (CPI), which measures the rate of change in prices of goods and services has increased with a percentage of 0.09% point.
The inflation rate data is contained the latest CPI report released on Wednesday by the National Bureau of Statistics (NBS).
The increase comes across as the second consecutive rise in the country’s inflation figure this year, as Nigerians struggle to access cash for their daily needs.
By Mosunmola Ogi-olu
Follow us on:
https://cdn.veri.app/13646108-d5ec-478b-a54c-b01f60dbca29.mp4 President Bola Ahmed Tinubu On Thursday directed Vice President, Kashim Shettima to lead Nigeria’s…
The United Sates (US) Vice President Kamala Harris has expressed her willingness to use her…
Gabriella Uwadiegwu says cultural and societal barriers hinder women's tech careers, citing biases and limited…
Brazil has fined Elon Musk’s companies, X (formerly Twitter) and Starlink, after users in the…
The European Union has pledged to provide Ukraine with a substantial loan of up to…
President of Zimbabwe Dr. E.D. Mnangagwa will not be attending this year’s United Nations General…