Soaring inflation tests the limits of Nigerian resilience

Inf.Nig

Inflation in Nigeria has escalated to a critical point, with the rate soaring to a staggering 29.9% in January 2024 — the highest seen since 1996. This rampant inflation is severely impacting the cost of living, as escalating prices make necessities such as food and transportation increasingly unaffordable for …

This content is premium. Already a subscriber? Log in

Please subscribe and get a 30 day free trial to read the full article.

Monthly Subscription

$29.99

Continue

Yearly Subscription

$329.99

Continue

Recent posts

See all

Sandra Beldine Otieno

Consumer confidence declines in April, ending five-month growth streak

Sandra Beldine Otieno

Volatility in consumer confidence forecasts a shift in South Africa's political landscape

Sandra Beldine Otieno

In March, consumer sentiment soars to record high

Subscribe to our free newsletter