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Nigeria’s Inflation Rate Hits 21.09% As Food Prices Rise

Nigeria’s inflation rate has jumped from 20.77% in September 2022 to 21.09% in October 2022 as the country battles with soaring food prices. The National Bureau of Statistics (NBS) revealed this on Tuesday in its Consumer Price Index (CPI) report for October, noting that food inflation was 23.72% in October …

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