Nigeria’s Inflation Rises to 33.88% in October 2024, Up 1.18% From September
Nigeria’s headline inflation rate surged to 33.88% in October 2024, up from 32.7% in September, representing a 1.18 percentage point increase month-on-month. This was revealed in the Consumer Price Index (CPI) report released by the National Bureau of Statistics (NBS) on Friday. The NBS attributed the inflationary pressures to escalating transportation costs and higher food…