EconomyNewsNigeriaKano leads in states with highest Inflation rate as inflation soars to 28.2%
Nigeria’s inflation rate jumped in November to 28.2 per cent, the National Bureau of Statistics, NBS, said last Friday. The latest rate is a 0.61 per cent rise from October’s 27.33 per cent. The consumer price index, a main gauge of inflation, soared about 6.73 per cent points, compared to the 21.47 per cent recorded in November 2022, NBS said. Rises in the price of goods caused by President Bola Tinubu’s economic reforms, including scrapping...