Inflation Rate In Nigeria 2024 Cbn. The rise was driven primarily by escalating food prices, soaring energy costs and ongoing. In september, the bank pushed the rate to 27.25% following a drop in the country’s inflation level.

In september, the bank pushed the rate to 27.25% following a drop in the country’s inflation level. Headline inflation increased to 34.2 percent in june 2024 from 22.8 percent in june 2023 and 34.0 percent in may 2024.