Nigeria’s Inflation Rate Soars to 34.60% in November, Deepening Economic Hardship

Nigeria’s Inflation Rate Soars to 34.60% in November, Deepening Economic Hardship

Nigeria’s inflation rate surged to 34.60% in November 2024, up from 33.88% in October, signaling heightened economic hardship for millions of citizens. The National Bureau of Statistics (NBS) disclosed this in its latest Consumer Price Index report, which revealed a 0.72% increase in

Cost of Healthy Diet in Nigeria Soars to N1,265, Outpacing Inflation Rates

Cost of Healthy Diet in Nigeria Soars to N1,265, Outpacing Inflation Rates

The cost of maintaining a healthy diet in Nigeria has surged to N1,265 per adult per day, reflecting a 1.9 percent increase in July 2024, according to the latest data from the National Bureau of Statistics (NBS). This rise, up from N1,241 in