Nigeria's Inflation Rate today stands at 13.7% up from 8.7% in 2013 and 8.07% in 2014
Annual inflation in Nigeria rose to a near six-year high of 13.7 percent in April, in part largely due to rising petrol and higher electricity prices, the National Bureau of Statistics said on Monday,
Nigeria's worst economic crisis in decades has been driven by a sharp drop in oil prices that has reduced drastically the government revenues since Nigeria relies heavily on crude sales for around 70 percent of national income.
Photo credit financialnigeria.com
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