The Food inflation rate in November 2024 was 39.93 per cent on a year-on-year basis, 7.08 per cent points higher than the rate recorded in November 2023.

Nigeria’s inflation rate has risen from 33.88 percent in October to 34.60 percent in November. The National Bureau of Statistics (NBS) disclosed this in the November Consumer Price Index and Inflation (CPI) report released on Monday. According to the report, the increase in November was by 0.72 percent. The report showed an increase of 6.40 […]