
Nigeria: Inflation Rate Falls To 24.48% After Rebasing CPI
The National Bureau of Statistics, NBS , has said the headline inflation rate fell by 10.32 percentage points to 24.48 percent in January 2025 from 34.8 percent in December 2024 after rebasing the Consumer Price Index (CPI). This implied that the general prices of goods and services in the country declined compared to 34.80 percent…