Inflation hits 17yr high, rises to 21.47%
Nigeria’s inflation rate rose for the 10th consecutive month to 21.47 percent in November 2022, the highest in 17 years. It was 21.09 percent in October. Disclosing this in its Consumer Price Index, CPI report for November, the National Bureau of Statistics, NBS, indicated that a new pressure on inflation is driven by yuletide induced […]