Hopes that the country’s inflation rate would moderate as a result of the various intervention programmes of the government were dashed as the National Bureau of Statistics announced that the Consumer Price Index, which measures inflation rate, rose to a 94-month high of 18.3...

The National Bureau of Statistics (NBS) has said that Consumer Price Index (CPI) which measures inflation has further climbed five notches as it hit 17.6 percent in August compared to 17.1 percent recorded in the month of July 2016. In its Consumer Price Index report...