Inflation Rate In Nigeria May 2024. Nigeria’s inflation rate surged to 34 percent in may 2024. Inflation came in at 34.0% in may, which was up from april’s 33.7%.

New base period for consumer price indices is november 2009 year. Again, nigeria’s inflation rate increased to 33.95 per cent in may 2024 according to the latest data from the national bureau of statistics.