A finance expert has revealed that an item purchased for ₦10 million five years ago now requires ₦47 million to replace it.
This shows the level of inflation, something you bought at N10 Million 5 years ago, you now need N47 Million to replace it.
A finance expert has revealed that an item purchased for ₦10 million five years ago now requires ₦47 million to replace it.
This shows the level of inflation, something you bought at N10 Million 5 years ago, you now need N47 Million to replace it.
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The Central Bank of Nigeria(CBN) has said that the country’s inflation rate which stood at 12.82 per cent in...