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Nigeria’s Inflation Rate Dips to 23.2% in February 2025

Kehinde Giwa by Kehinde Giwa
March 17, 2025
in Business
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Nigeria’s Inflation Rate Dips to 23.2% in February 2025

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Nigeria’s inflation rate has decreased to 23.2% in February 2025, representing a slight decline from the 24.1% recorded in January 2025, according to data reported by Bloomberg.

This development follows the recent overhaul of the consumer price index by the agency, which updated the reference year to 2024 to better reflect the inflation pressures faced by Nigerian households.

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