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    Home » ‘Nigeria inflation quickens again in February’

    ‘Nigeria inflation quickens again in February’

    March 15, 2023
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    *Street vendors wait for customers at an open market, ahead of Nigeria’s Presidential election in Awka, Anambra state, Nigeria February 23, 2023. REUTERS/Temilade Adelaja

    Abuja — Nigeria’s inflation picked up again in February, hitting 21.91% in annual terms from 21.82% in January, its statistics agency said on Wednesday.

    Inflation had risen in Africa’s biggest economy for 10 straight months last year, prompting a string of interest rate hikes from the central bank. The pace of price increases dipped in December but started to rise again in January.

    *Chijioke Ohuocha, Editing: Alexander Winning – Reuters

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