Inflation hits 20.77%, food supply, FX crises worsen

Inflation hits 20.77%, food supply, FX crises worsen

According to the National Bureau of Statistics, Nigeria’s inflation rate reached a new high of 20.77 percent in September as food supplies, the foreign exchange crisis, and rises in import expenses deteriorated. In August, the country’s inflation rate reached a 17-year high of 20.52 percent, which has already been surpassed by September’s figure.Infomation Guide Nigeria … Read more