Gatekeepers News reports that this is according to the recently released Consumer Price Index (CPI) report for September 2023 by the National Bureau of Statistics (NBS).
The surge in inflation is primarily attributed to the removal of petrol subsidies and the devaluation of the official exchange rate, both significantly impacting consumer prices.
Month-on-month inflation rose to 2.18% representing 1.08% difference from the previous month of August.
This is a developing story……
President Bola Ahmed Tinubu has condoled the family of the late deputy chief of staff…
Rivers State Governor, South south Nigeria, Siminalayi Fubara, has informed members of the Ijaw Youths…
President Bola Ahmed Tinubu received Bassirou Faye, president of Senegal, at the State House, Abuja.…
Emirates Airlines has confirmed its return to operations in Nigeria starting October 1, 2024. Gatekeepers…
Afemai Coalition for Asue Ighodalo has continued its campaign to drum up support for Dr.…
Perter Okoye, half of the music duo P-square, has announced he is undergoing hair transplant…