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Nigeria’s Inflation Rate Rises

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Nigeria’s inflation rate rose to 21.47 per cent in November, continuing its 2022 surge.

According to the National Bureau of Statistics, this is because of an increase in demand due to the festive season.

NBS disclosed that this was 0.38 per cent points higher than the 21.09 per cent that was recorded in October.

Written by: Helen Obih

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