Business
Just in: Nigeria’s inflation rate hits 31.70% in February
In February 2024, Nigeria’s headline inflation rate rose to 31.70%, up from 29.90% in January 2024, marking an increase of 1.80%.
Comparatively, on an annual basis, February 2024’s inflation rate was 9.79% higher than the 21.91% recorded in February 2023.
READ ALSO: Ghana’s inflation rate drops in February
Additionally, the month-on-month headline inflation rate in February 2024 reached 3.12%, an increase of 0.48% from January 2024’s rate of 2.64%.
This indicates that the pace at which average prices rose in February 2024 exceeded the rate of price increase in January 2024.
More details later…
-
Comments and Issues6 days agoCan President Tinubu Revive Nigeria’s Moribund Refineries?
-
Business6 days agoTikTok, ByteDance agree to $400m settlement in US children’s privacy case
-
Business7 days agoTinubu knocks Atiku’s subsidy plan, says proposal shows ‘ignorance’ of economy
-
Entertainment3 days agoMiss World 2026: Four Continental winners battle for automatic top 20 spot (VIDEO)
-
Football6 days agoEPL 2026/27: Experts back Arsenal for title as Haaland, Rice lead individual award picks
-
Featured7 days agoEconomic Reality vs Party Machinery: What will drive Nigeria’s 2027 election?
-
Football4 days agoNewcastle, Liverpool unite in emotional tribute to Kevin Keegan
-
Featured6 days agoMLS fines Lionel Messi for striking Philadelphia Union’s Quinn Sullivan