Nigeria’s Inflation Rate Hits 21.91% Amid Naira Crisis

Nigeria’s Inflation rate has risen to 21.91% amid the Naira crisis. This was disclosed in a recent Consumer Price Index report by the National Bureau of Statistics on Wednesday. The inflation rate rose to 21.91%, compared to January 2023 inflation rate which was 21.82%. EKO HOT BLOG reports that amid the uncertainties being faced by … Read more

Nigeria’s Inflation Rate Surges To 21.82% Triggered By Naira Scarcity

Nigeria’s inflation rate has jumped to 21.82% in 2023 amid the Naira scarcity. This represents a 0.47% increase when compared to the 21.34% recorded in the previous month. The highest increases were recorded in prices of Gas, Liquid Fuel, Passenger Transport by Air, Vehicles Spare Parts, Fuels, Lubricants for Personal Transport Equipment, Solid Fuel, etc. … Read more