BREAKING: Nigeria’s inflation hits 21.91% amid cash crunch


Amid the uncertainties being faced by Nigerians due to the scarcity of the redesigned Naira notes, the nation’s inflation rate rose in February.

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Inflation rose to 21.91 per cent in February compared to 21.82 per cent in January, the National Bureau of Statistics announced Wednesday.

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The statistics office said the February 2023 inflation rate showed an increase of 0.09 per cent points when compared to January 2023 headline inflation rate.

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More details later…

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