The National Bureau of Statistics has disclosed that Nigeria’s headline inflation rate increased to 33.20 per cent in March 2024, up from 31.70 percent in February 2024. This represents a month-over-month increase of 1.50 per cent points in the headline inflation rate, according to recently released data by the NBS. Year-over-year data shows a significant 11.16 per cent point rise in the headline inflation rate from March 2023, which was at 22.04 per cent. This indicates a significant increase in the headline inflation rate for March 2024 compared to the…
Read MoreBREAKING: Nigeria’s Inflation Rises To 33.20% In March
