As predicted by economists, Nigeria’s headline inflation rate rose to 24.23% in March 2025, according to the official government data source, the Nigeria Bureau of Statistics (NBS). The rise in the country’s inflation rate, from 23.18% back in February 2025 to 24.23% in March 2025, reflected a major increase in the rising commodity and energy costs in the last few weeks. According to the March 2025 Consumer Price Index (CPI) Report which measures the inflation rate released by the government agency on Tuesday, the country’s food inflation rate was 21.79%…
Read MoreFood, Beverages, Others Push Rebased Inflation To 24.23% In March
