Nigeria’s inflation rate soars to 24.2%

 

The National Bureau of Statistics (NBS) says Nigeria’s inflation rate edged up to 24.23 percent in March.

The NBS announced the increase in its consumer price index (CPI) for March on Tuesday.

The new rate indicates an upward movement from the 23.18 percent reported in February.

It also signals a return to levels (24.48 percent) recorded in the beginning of year following the CPI rebasing.

 

More to follow…

  • Related Posts

    33 banks raise N4.65tn as recapitalisation ends – CBN

      The Central Bank of Nigeria on Wednesday said 33 banks have met new minimum capital requirements under its recapitalisation programme, raising a combined N4.65tn to strengthen the financial system.…

    Senate approves Tinubu’s $6bn loan request

      The Senate has expeditiously approved the request of President Bola Tinubu to go for external loans totalling $6 billion. The approval came barely three and a half hours after…

    Leave a Reply

    Your email address will not be published. Required fields are marked *

    You Missed

    Entire Iran could be ‘taken out’ Tuesday night, Trump warns

    • By admin
    • April 7, 2026
    • 3 views
    Entire Iran could be ‘taken out’ Tuesday night, Trump warns

    Nine Indian policemen bag death sentence for killing father, son in custody

    • By admin
    • April 7, 2026
    • 5 views
    Nine Indian policemen bag death sentence for killing father, son in custody

    Kebbi assembly speaker dies in Egypt

    • By admin
    • April 7, 2026
    • 5 views
    Kebbi assembly speaker dies in Egypt

    Kaduna community denies reported rescue of 31 abducted worshippers

    • By admin
    • April 6, 2026
    • 5 views
    Kaduna community denies reported rescue of 31 abducted worshippers

    Four Feared Dead As Suspected Bandits Attack Kebbi Communities

    • By admin
    • April 6, 2026
    • 6 views
    Four Feared Dead As Suspected Bandits Attack Kebbi Communities

    INEC’s derecognition plot to prevent us from fielding candidates, says ADC

    • By admin
    • April 6, 2026
    • 7 views
    INEC’s derecognition plot to prevent us from fielding candidates, says ADC