BREAKING: Nigeria Inflation Rises from 21.82%

Nigeria’s inflation rate has risen from 21.82% in January to 21.91% in March 2023.

This demonstrated a 0.09% point increase, according to a recent Consumer Price Index report by the National Bureau of Statistics on Wednesday.

It was learned that the rise in the inflation rate followed the naira crisis across the nation, and debates due to the just concluded presidential election.

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Also, the NBS mentioned the rise in food inflation was because of an increase in prices of oil and fat, fish, meats, vegetable, yam and other tubers, bread and cereals, and other foods.

Details shortly…