Danloader Closed WhatsApp Group
Inflation Rate Increases: Nigeria's inflation rate has risen for the third consecutive month, reaching 34.60% in November, up from 33.88% in October. This increase is attributed to the devaluation of the naira and multiple petrol price hikes, intensifying the cost-of-living crisis. The central bank has responded by raising interest rates six times this year, totaling an increase of 875 basis points.
Inflation Rate Increases: Nigeria's inflation rate has risen for the third consecutive month, reaching 34.60% in November, up from 33.88% in October. This increase is attributed to the devaluation of the naira and multiple petrol price hikes, intensifying the cost-of-living crisis. The central bank has responded by raising interest rates six times this year, totaling an increase of 875 basis points.
0 Comments
0 Shares
0 Reviews
