Nigeria inflation

Nigeria’s inflation hit 33.88% in October 2024, driven by rising food and fuel costs, with analysts projecting further increases

The IMF retains Nigeria’s growth projection at 3.3% amid ongoing economic reforms and challenges, including a significant rise in food price inflation.

Nigeria’s inflation rate reaches nearly 30% amid skyrocketing food prices and currency devaluation. Government faces mounting pressure to stabilize economy and alleviate financial strain on households.