Nigeria’s inflation rate rose to 15.38 per cent in March 2026, according to the National Bureau of Statistics (NBS).
The figure represents an increase from the 15.06 per cent recorded in February, signalling a continued upward trend in consumer prices.
Prices of goods and services have continued to be on upward trend since the arbitrary removal of the fuel subsidy.
Current hike in the price of petrol has also skyrocketed the prices of most goods and services as petrol is what fuels the country.
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