Festive Spending Pushes Nigeria’s Inflation To 34.80%

The National Bureau of Statis­tics (NBS) latest result released on Wednesday indicates that in December 2024, the headline in­flation rate was 34.80% relative to the November 2024 headline infla­tion rate of 34.60% on the back of rising food prices. The December 2024 headline inflation rate showed a marginal increase of 0.20% compared to the November […]