Why Your Naira Is Buying Less, NBS Explains Inflation Spike

The National Bureau of Statistics (NBS), says Nigeria’s headline inflation rate increased to 21.09 per cent on a year-on-year basis in October 2022 the bureau said as it explained why the naira is buying less. This is according to the NBS Consumer Price Index (CPI) and Inflation Report for October released in Abuja on Wednesday. … Continue reading Why Your Naira Is Buying Less, NBS Explains Inflation Spike