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Nigeria’s Inflation Hits 14.89%, Highest In 34 Months

Nigeria’s Consumer Price Index (CPI), which measures inflation rate, rose by 14.89% (year-on-year) in November 2020, representing 0.66% points higher than the 14.23% rate recorded in the previous month. The latest rate represents the highest inflation rate recorded in 34 months since January 2018, when the rate stood at 15.13%. The National Bureau of Statistics […]