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Nigeria’s Inflation Hits 11.61% In October, Highest In 17 Months

Indications that the recent closure of Nigerian land borders and other fiscal measures by the government are already taking tolls on consumers’ real economy emerged on Monday as the nation’s consumer price index (CPI), which measures inflation rose to 11.61%  in October, the highest rate in 17 months. The National Bureau of Statistics (NBS) gave this […]