Weather Report
16.89℃
Sunday, September 8
Furthermore, the report indicated a food inflation rate of 40.87% on a year-on-year basis, marking a 15.62% increase from the rate observed in June 2023 (25.25%).
The exchange rate for a dollar to naira at LagosParallel Market (Black Market)players buy a dollar for N1590 and sell at N1598 on Monday 21st July 2024, according to sources atBureau De Change (BDC).
Inflation has been on a consistent upward trajectory in recent months, as reported by the National Bureau of Statistics (NBS), which observed a headline inflation rate of 34.19% in June..
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