Inflation hits 16.5% in June, highest in almost 11 years

19 July 2016, Lagos — Nigerian inflation accelerated to the highest rate in almost 11 years in June, complicating the task of the Central Bank of Nigeria, CBN, in an economy which is at risk of contracting this year. The inflation rate in Nigeria’s economy increased to 16.5 percent from 15.6 in May, the National […] More »