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Nigeria’s Inflation Rate Surges, Hits 21.09% In October

The National Bureau of Statistics (NBS) on Tuesday reported that Nigeria’s Consumer Price Index (CPI) which measures the rate of change in prices of goods and services, also known as inflation, surged to 21.09% year-on-year in October, up from 20.77 percent recorded in the previous month. The Bureau, in its ‘Consumer Price Index (CPI) Report […]