Nigeria joins African peers as Middle East crisis raises inflation for first time in 12 months

Nigeria has ended its 11-month disinflation streak, with headline inflation rising for the first time since last year March, signalling renewed price pressures across Africa’s most populous nation. Data from the National Bureau of Statistics showed that annual inflation climbed to 15.38 percent last month, up from 15.06 percent in February, placing Nigeria alongside Egypt, […] read more Nigeria joins African peers as Middle East crisis raises inflation for first time in 12 months