Home 2024 October 27 Inflation: An item purchased for ₦10 million five years ago now requires ₦47 million to replace — Finance expert

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Inflation: An item purchased for ₦10 million five years ago now requires ₦47 million to replace — Finance expert

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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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