Home News Breaking: Nigeria’s inflation rate hits 29.9%

Breaking: Nigeria’s inflation rate hits 29.9%

by Our Reporter
The National Bureau of Statistics (NBS) has declared that Nigeria’s inflation rate rose to 29.9 per cent in January 2024.

The NBS said the Consumer Price Index (CPI), which measures the rate of change in prices of goods and services, rose to 29.9 per cent in January 2024, up from 28.92 per cent in December 2023.

It made this known via its CPI report for January released on Thursday, February 15.

Details shortly…

You may also like