Retailers struggle to restock over FX crisis

Nigerian retailers have raised concerns over the increasing challenges they face in restocking their shelves, blaming this on foreign exchange instability and high inflation rates nationwide. Nigeria’s inflation rate has been rising, as the cost of commodities across the country has continued to increase. In August 2024, Nigeria’s core inflation rate reached 27.60 per cent,

Read More Read More

Check Also

Customs vow to boost trade facilitation

The Nigeria Customs Service, Lagos Industrial Area Command, FESTAC Town, has reaffirmed its commitment …

Leave a Reply

Your email address will not be published. Required fields are marked *