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Prices of foods, energy push inflation to 12-year high at 18.72%

Nigeria’s inflation rate rose to 18.72 per cent in January 2017 from 18.55 per cent recorded in December 2016 over rising prices of consumable goods and energy. A Consumer Price Index report released yesterday by the National Bureau of Statistics indicated that communication, restaurants and hotels recorded the slowest pace of price growth in January. […] Prices of foods, energy push inflation to 12-year high at 18... Read Full Story

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