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Nigeria’s Inflation Soars to 34.19% as Food Prices Climb

Nigeria’s inflation rate has surged to a new high, reaching 34.19% in June 2024, according to the latest data from the National Bureau of Statistics (NBS). This marks a 0.24 percentage point increase from the 33.95% inflation rate recorded in May 2024. “In June 2024, the headline inflation rate increased to 34.19% compared to the […]