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Nigeria’s inflation rate soars to 33.69% in April 2024

Written by on May 15, 2024

Nigeria’s inflation rate rose to 33.69% in April 2024 compared to March 2024 headline inflation rate which was 33.20%.

This was according to the National Bureau of Statistics, NBC’s Consumer Price Index, CPI report released today.

Looking at the movement, the April 2024 headline inflation rate showed an increase of 0.49% points when compared to the March 2024 headline inflation rate.

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