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BREAKING: Nigeria’s Inflation Rate Rises to 32.7% in September

Kehinde Giwa by Kehinde Giwa
October 15, 2024
in Business, News
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The National Bureau of Statistics (NBS) has reported a rise in the country’s inflation rate, with the consumer price index (CPI) increasing to 32.7 percent in September.

This marks the first surge in inflation after a three-month period of declining rates, which had seen inflation drop twice earlier in 2024.

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The new figures were disclosed in the NBS CPI report for September, released on Tuesday. The CPI measures the rate of change in the prices of goods and services across the country.

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