Nigeria’s Inflation Rate Increases To 32.7%

Nigeria’s inflation rate has risen to 32.7% in September 2024, reversing a two-month decline that saw it drop to 32.15% in August. This increase was largely driven by a surge in month-on-month food inflation, which climbed to 2.64% from 2.37%. The National Bureau of Statistics (NBS) reported these findings in its Consumer Price Index (CPI) … Continue reading Nigeria’s Inflation Rate Increases To 32.7%