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Nigeria’s Inflation Rises to 34.60% in November 2024: NBS Report Breakdown

Nigeria’s Inflation Rises to 34.60% in November 2024: NBS Report Breakdown

The National Bureau of Statistics (NBS) has reported that Nigeria’s inflation rate surged to 34.60% in November 2024, reflecting a 0.72 percentage-point increase compared to 33.88% in October 2024. This marks a significant rise in the country’s year-on-year inflation rate, which was recorded at 28.20% in November 2023. The latest data highlights persistent economic challenges … Read more

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