Why Nigeria’s June inflation rose marginally despite subsidy removal – NBS

The National Bureau of Statistics (NBS) has explained why last month’s inflation numbers did not fully capture the impact of the fuel subsidy removal and the unification of the exchange rate. According to the NBS, Nigeria’s inflation rate rose marginally to a new high of 22.79 percent in June 2023 from 22.41 percent in the
read more Why Nigeria’s June inflation rose marginally despite subsidy removal – NBSBusinessday NGRead More