Skip to content

Live On Air

🎧 Listen Live 🔴

  • Home
  • Classic TV
  • Shows
  • The Crew
  • News
  • Events
  • Competitions

Nigeria’s Inflation Rate crashes To 24.48 Per Cent

News

Nigeria’s Inflation Rate crashes To 24.48 Per Cent

Nigeria’s headline inflation has dropped to 24.48 per cent year on year in January 2025, as against the December 2024 rate of 34.80 per cent.

Announcing this at a briefing yesterday, the Statistician-General of the Federation, Adeyemi Adeniran, said the All-Items Index, which is used to measure headline inflation for January 2025, was 110.7, resulting in a headline inflation rate of 24.48 per cent on a year-on-year basis.

Adeniran explained that urban inflation stood at 26.09 per cent while rural inflation came to 22.15 per cent, and food inflation stood at 26.08 per cent year-on-year in January, as against the 39.84 per cent year-on-year.

He also disclosed that the National Bureau of Statistics has introduced special inflation indices to its monthly Consumer Price Index report aimed at refining economic assessments.

READ ANOTHER RECENT STORY https://classic97.net/arsenal-fined-65000-for-player-conduct/

More Posts

Julian Alvarez Out of Atletico Squad for Liverpool Clash

Julian Alvarez Out of Atletico Squad for Liverpool Clash

Read More »
Presidency Projects Single-Digit Inflation Soon

Presidency Projects Single-Digit Inflation Soon

Read More »
FG Charges Sowore for Cyberbullying Tinubu

FG Charges Sowore for Cyberbullying Tinubu

Read More »
2027 Election: Obasa Says APC Will Decide His Future

2027 Election: Obasa Says APC Will Decide His Future

Read More »
  • 2025 Copyright © Megalectrics Limited
  • Privacy Policy
  • Terms
Facebook-f Instagram Twitter Youtube
Facebook-f Instagram Twitter Youtube
  • Copyright © 2022 Megalectrics Limited
  • Listen Live

Live On Air

  • About Us
  • Shows
  • News
  • Classic TV
  • The Crew
  • Contact Us

Classic 97.3 FM

LAGOS

26 Keffi Street, Off Awolowo Road, Ikoyi, Lagos

  • Port-Harcourt
  • Abuja
  • Privacy Policy
  • Terms
  • 2025 Copyright © Megalectrics Limited
Facebook-f Instagram Twitter Youtube
  • Listen Live

Live On Air

  • Home
  • About Us
  • Classic TV
  • Shows
  • The Crew
  • News
  • Contact Us
Facebook-f Instagram Twitter Youtube
  • Privacy Policy
  • Terms
  • Copyright © 2022 Megalectrics Limited