INFLATION AT 28.92%, INTEREST RATES AT 27%: NIGERIA'S ECONOMIC SQUEEZE | #inflation #1605 #interest #rates #nigerias #economic #squeeze #nigeria

INFLATION AT 28.92%, INTEREST RATES AT 27%: NIGERIA'S ECONOMIC SQUEEZE

INFLATION AT 28.92%, INTEREST RATES AT 27%: NIGERIA'S ECONOMIC SQUEEZE

In a market in Lagos, a woman holds a bag of rice that cost ₦15,000 last year and now costs ₦25,000. She puts it back, knowing her monthly salary of ₦50,000 cannot stretch to cover basic food items that have doubled in price. In a small business in Abuja, an entrepreneur explains tha