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Nairaland Forum / Nairaland / General / Business / 5 Blue-chip Stocks That Beat Nigeria’s 2022 Inflation Rate (145 Views)
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5 Blue-chip Stocks That Beat Nigeria’s 2022 Inflation Rate by Newsfrica: 5:00pm On Jan 11, 2023 |
In 2022, Nigeria experienced historic inflation, with the rate closing in November at 21.47 per cent, the highest level in 17 years. Within 11 months, inflation soared by 37.6 per cent, having posted a 15.6 per cent rate in January 2022. This eroded the value of the naira for many Nigerians who locked their money away in commercial banks’ vault or kept it under a pillow or mattress. READ HERE>> https://www.primebusiness.africa/five-blue-chip-stocks-that-beat-nigerias-2022-inflation-rate/ |
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