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

Yannick Lefang, Eng.

Trudeau’s resignation signals political change with implications for Black Canadians and Africa

Claudine Linda Wa Nciko

Inflation is reshaping consumer choices in South Africa as spending priorities shift

Sandra Beldine Otieno, MSc

January marks the third consecutive month of stable outlook

Subscribe to our free newsletter