Nigeria’s Inflation Rises To 31.70% For Feb – NBS

The inflation rate has moved to 31.70 per cent in February, according to the latest data by the National Bureau of Statistics (NBS). The Bureau released the figure on Friday, with the latest data showing a rise from the 29.90 per cent recorded in January 2024. According to the ‘Consumer Price Index and Inflation Report’ for February obtained by Channels Television, the hike represented a 1.80 per cent increase from what was recorded in January. READ ALSO: ‘They Lost Millions,’ Nigerian Banks Hit By West Africa’s Internet Glitch Japa: Vice…

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