Business
Nigeria’s inflation soars to 29.9% as food prices surge
The consumer price index (CPI), which measures the rate of change in prices of goods and services, rose to 29.9 percent in January 2024 — up from 28.92 percent in the previous month.
This was disclosed by the National Bureau of Statistics (NBS) in its CPI report for January released on Thursday.
According to the bureau, food inflation also surged to 35.5 percent in the month under review.
Bodex F. Hungbo, SPMIIM is a multiple award-winning Nigerian Digital Media Practitioner, Digital Strategist, PR consultant, Brand and Event Expert, Tv Presenter, Tier-A Blogger/Influencer, and a top cobbler in Nigeria.
She has widespread experiences across different professions and skills, which includes experiences in; Marketing, Media, Broadcasting, Brand and Event Management, Administration and Management with prior stints at MTN, NAPIMS-NNPC, GLOBAL FLEET OIL AND GAS, LTV, Silverbird and a host of others
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