Inflation inches up to 8.5% as naira struggles to firm up

Nigeria’s weak naira, currently trading between N197 and N200/$ at the interbank market, continues to pressure on consumer prices, causing inflation to move up for the fourth consecutive month in March to 8.5 percent from 8.4 percent the previous month. “This is the fourth consecutive month of a faster increase in the headline index to…

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Source : BusinessDay

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