The National Bureau of Statistics has disclosed that the rate of inflation in the country has risen to 18.55 per cent in December 2016
 
The Bureau in its report released  in Abuja said the new rate was an increase of 0.07 percent over the 18.48 percent recorded in November.
 
The report attributed the increase to a rise in the price of electricity, housing, water, clothing, footwear and education.

In another development, the Director General of the National  Broadcasting Commission Is'haq Modibbo-Kawu says he remains optimistic Nigeria will meet June 2017 digital switchover deadline. 
 
He said the commission is working hard to address customer complaints and faulty set top boxes.