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Tag: Inflation
![BREAKING: Nigeria’s Inflation Rate Rises to 29.90% Amid Rising Cost of Living](https://hifoxnews.com/wp-content/uploads/2024/02/Inflation-1-600x400.jpg)
BREAKING: Nigeria’s Inflation Rate Rises to 29.90% Amid Rising Cost of Living
According to a report by the National Bureau of Statistics, Nigeria experienced a rise in its average inflation rate to 29.90% in January 2024, marking an increase from the December 2023 rate of 28.92%. It said, “Looking at the movement, the January 2024 headline inflation rate showed an increase of 0.98% points when compared to…