BREAKING: Nigeria’s Inflation Rises to 32.70% in September, Food Prices Surge

Nigeria’s headline inflation rate rose to 32.70% in September 2024, following two consecutive months of decline in July and August, according to the latest Consumer Price Index report from the National Bureau of Statistics. This marks a 0.55% increase from August’s figure of 32.15%, signaling persistent price pressures across the country. Year-on-year, inflation surged by […]

NBS-Nigeria’s inflation rate rose to 33.69%

NBS-Nigeria’s inflation rate rose to 33.69%

The National Bureau of Statistics (NBS)’s Consumer Price Index (CPI) report released yesterday shows Nigeria’s inflation rate rose to 33.69% in April 2024 compared to March 2024 headline inflation rate which was 33.20%. A cursory look at the movement, the April 2024 headline inflation rate showed an increase of 0.49% points when compared to the […]