Nigeria’s Inflation Rises to 20.77% in September – NBS

October 17, 2022

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Bala is the Editor of MoneyCentral Media. Bala is a Fellow (FCA) of the Institute of Chartered Accountants in Nigeria (ICAN) and holds a Bsc in Accounting from the University of Abuja. Bala has over 12 years’ experience in the financial journalism landscape with specialization in the Insurance, markets and Finance sectors.

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Nigeria’s inflation rose to 20.77% in the month of September, 2022. The National Bureau of Statistics, NBS disclosed this in its monthly report released on Monday.

According to the report, the headline inflation rate rose to 20.77% in September 2022, on a year–on- year basis.

This the bureau said was 4.14% points higher compared to the rate recorded in September 2021, which was (16.63%).

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Nigeria’s Inflation Rises to 20.77% in September – NBS

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