Inflation rate drops to 24.48% in January
Inflation reduced to 24.48 per cent in January 2025, according to the National Bureau of Statistics (NBS). The Statistician of the Federation, Prince Adeyemi Adeniran, who is also NBS CEO, said at a briefing in Abuja on Tuesday that food inflation was 26.08 per cent year-on-year. According to him, the new figure was as result of the rebasing of Nigeria’s inflation …