Nigeria’s Inflation rate increased from 11.1 percent to 12.8 percent The inflationary pressure is escalating and at 12.8 percent inflation rate recorded at the ending of first quarter of 2011 is not showing any sign of coming down. According to the data coming from the National Bureau of Statistics (NBS) the February inflation rate stood at 11.1 percent and since then has … [Read more...] about Sanusi’s CBN and Waning of Monetary Policy as tool to control rising Inflation