Nigeria’s inflation rate rises to 15.93% in May- NBS

Abuja: The National Bureau of Statistics (NBS) says Nigeria’s headline inflation rate rose to 15.93 per cent in May.

The NBS disclosed this in its Consumer Price Index (CPI) and Inflation Report for May released in Abuja on Monday.

The report said that the May headline inflation rate showed an increase of 0.24 per cent compared to the April headline inflation rate of 15.69 per…