inflation rate nigeria / central bank of nigeria
2006-11-08 04:23:04 · 5 answers · asked by shola azeez 1 in Travel ➔ Africa & Middle East ➔ Other - Africa & Middle East
Off the top of my head, I would say around 15%.
I know for sure that their currency is worth nothing outside Nigeria.
2006-11-08 04:29:50 · answer #1 · answered by budding author 7 · 0⤊ 1⤋
I cant say for sure but the central bank is sure trying to keep it low. As for the who that says our money is worthless outside nigeria should check out the cedi before saying that again.
2006-11-08 17:43:57 · answer #2 · answered by black wolf 1 · 0⤊ 0⤋
I really have enough of people who bash Nigeria and have never been there. Their money isn't worthless but there is inflation.
2006-11-10 09:55:10 · answer #3 · answered by Michael V 4 · 0⤊ 0⤋
http://www.nigeriabusinessinfo.com/nigeria-inflationrates.htm
in 2005: inflation rate was an estimated 15.6 percent
2006-11-08 17:50:37 · answer #4 · answered by Endie vB 5 · 0⤊ 0⤋
Sounds about right. Hate to bash the place but can't help it. Something about the way they operate the electrical supply ( or the lack of it) that just makes people lulu.
P.S. I'm still living in it. sigh...
2006-11-10 10:17:32 · answer #5 · answered by minijumbofly 5 · 0⤊ 0⤋