Nigeria Inflation Rate 2024. In april 2024, the headline inflation rate rose to 33.69%, up from 33.20% in march 2024, marking an increase of 0.49% points according to the nigeria bureau of statistics. Nigeria's inflation rate rose for the second straight month in october, advancing to 33.88% in annual terms from 32.70% in september mainly due to higher food prices, official.

In september, the rate stood at 32.70%. The national bureau of statistics says nigeria’s inflation rate was 33.88 percent in october — up from 32.7.