Nigeria’s Living Costs Surge: Inflation Hits 33.88% as Food Prices Lead Crisis

Nigeria’s cost of living continues to climb as inflation reached 33.88% in October 2024, marking a concerning trend for Africa’s most populous nation. The latest figures from the National Bureau of Statistics reveal a 1.18% increase from September’s rate of 32.70%. Food prices have become the primary driver of this economic pressure, with food inflation […]