Inflation Rate In Nigeria 2024 Today. Nigeria’s inflation rate rose to 29.90% in january 2024, from 28.92% in december 2023. Looking at the movement, the february 2024 headline inflation rate showed an increase of 1.80% points when compared to the january 2024 headline inflation rate.
In the latest inflation report released by the national bureau of statistics (nbs), nigeria’s inflation rate for january 2024 has surged to 29.90%, marking a significant increase. Core inflation rate in nigeria averaged 11.90 percent from 2007 until 2024, reaching an all time high of 27.58 percent in august of 2024 and a record low of 0.49 percent in march of 2008.
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