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Nigeria inflation rises by 0.7% to 12.2%

The Consumer Price Index (CPI), which measures inflation increased to 12.20 per cent (year-on-year) in February compared to 12.13 per cent in the preceding month, according to the National Bureau of Statistics (NBS). This is 0.07 per cent higher than the rate of 12.13per cent recorded in January 2020 and the highest rise since April […]