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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