JUST IN: Nigeria inflation rate hikes to 33.8%

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By Alagbe Shenayon
18

The National Bureau of Statistics (NBS) has reported that Nigeria’s inflation rate rose to 33.88% in October, an increase from 32.7% in September.

This was revealed in the NBS’s latest Consumer Price Index (CPI) report for October, published on Friday.

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The CPI measures the rate of change in the prices of goods and services over time.

More to follow…

Alagbe Shenayon 7976 posts 0 comments

Alagbe Shenayon is a journalist at NewsClick NG, focusing on sports and news reporting. With one year of experience, he is dedicated to uncovering the truth and delivering accurate news. Shenayon's enthusiasm for learning and commitment to excellence drive his work in reposting stories with special interest in sport and politics.

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