How Naira Depreciation, Spiraling Energy Cost Took Nigeria Inflation To 21.47% In November 2022

Headline inflation rate in Nigeria increased to 21.47 per cent on a year-on-year basis in November, the National Bureau of Statistics (NBS), has said as it blamed currency depreciation and spiraling energy costs for the development. It made the declaration in its Consumer Price Index (CPI) and Inflation Report for November 2022 released in Abuja … Continue reading How Naira Depreciation, Spiraling Energy Cost Took Nigeria Inflation To 21.47% In November 2022