In February 2024, Nigeria’s headline inflation rate rose to 31.70%, up from 29.90% in January 2024, marking an increase of 1.80%. Comparatively, on an annual basis, February 2024’s inflation rate was 9.79% higher than the 21.91% recorded in February 2023. Additionally, the month-on-month headline inflation rate in February 2024...
Nigeria’s inflation rate hits 31.70%
