Nigeria’s inflation rate increased from 21.34 percent in December 2022 to 21.82 percent in January 2023, owing to the naira’s scarcity. According to the National Bureau of Statistics‘ (NBS) latest Consumer Price Index (CPI) report, the January 2023 inflation rate increased by 0.47% points when compared to the December 2022 inflation rate. “However, on a … Continue reading Inflation Soars To 21.82% Amid Naira Scarcity