Nigeria’s inflation rises amid increasing food and petrol prices …C0NTINUE READING HERE >>>
Nigeria’s inflation rate climbed to 33.88% in October 2024, up from 32.70% recorded in September, according to the National Bureau of Statistics (NBS).
The surge, highlighted in the NBS Consumer Price Index and Inflation report released on Friday, reflects rising costs of essential goods and services.
On a month-on-month basis, the headline inflation rate stood at 2.64% in October. Food inflation saw a sharp increase, hitting 39.16%, compared to 37.77% in September, as prices of…
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