2024 Inflation Rate In Nigeria. This is the first increase in 2024. The national bureau of statistics (nbs) reported that all measures of inflation rate rose in june 2024, albeit at a slower pace.

Nigeria’s inflation rate escalated to 33.69% in april 2024, a slight uptick from 33.20% in march, primarily fueled by rising food and energy. In 2023, nigeria recorded one of the highest inflation rates in the world at around 25 percent.