Nigeria's import inflation threat heightens as US inflation hits record high of 8.5%

Nigeria’s import inflation threat heightens as US inflation hits record high of 8.5%

Corporates revalue insured assets on inflation, FX pressure

Inflation in Nigeria

With volume of US imports to Nigeria increasing from $1.48 billion in 2020 to over $4.48 billion in 2021 and inflation figures in the United States spiralling way above its official benchmark, Nigeria is set to witness significant spillover effect through imported inflation. In December 2021, Nigeri

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