Nigeria’s Inflation Rate Falls Again As Food Prices Soar

Inflation

Attacks on farms, forex scarcity and naira devaluation have contributed to seeing local food demand outweighing production… Nigeria’s inflation rate fell for the second consecutive month in May to 17.93 per cent from 18.12 per cent recorded a month earlier. The National Bureau of Statistics (NBS), onTuesday, said that the prices of goods and services, … Read more