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Nigeria’s Inflation Hits 15.75%, Highest Rate In 35 Months

The National Bureau of Statistics (NBS) on Friday reported that Nigeria’s consumer price index, (CPI) which measures inflation, increased by 15.75 percent (year-on-year) in December 2020, representing 0.86 percent points higher than the (14.89) percent rate recorded in the preceding month. The rate, which is the highest to be recorded in the past 35 months, […]