JUST IN: Nigeria’s Inflation Hits 34.8% in December, Food Prices Ease Slightly
Nigeria’s inflation rate rose to 34.8% in December 2024, up from 33.6% in November, according to the National Bureau of Statistics (NBS). The increase was linked to higher demand during the festive season. Compared to December 2023, the inflation rate was 5.87% higher. Key Highlights:• Monthly Trend: Inflation slowed slightly, rising 2.44% in December, down […]