Nigeria’s inflation rate climbs to 28.92%, marks twelfth straight month of increase

By Sodiq Adelakun

Inflation in Nigeria continued to rise for the twelfth consecutive month in December, with the headline inflation rate reaching 28.92%, up from 28.20% in November.

The National Bureau of Statistics released its consumer price index report on Monday, revealing the ongoing impact of inflation on the country’s economy.

More details to come…