Nigeria’s Inflation Hits 33.95% In May, Rising For 17th Consecutive Month

Nigeria’s headline inflation rate increased for the 17th consecutive time, reaching 33.95 percent in May 2024, up from 33.69 percent in April. This information was disclosed by the National Bureau of Statistics (NBS) in their latest Consumer Price Index and Inflation report released on Saturday. The data revealed a 0.26 percentage point rise in the … Continue reading Nigeria’s Inflation Hits 33.95% In May, Rising For 17th Consecutive Month