Inflation hits urban areas harder as Nigeria rebases index

Nigeria’s urban centres are experiencing higher inflation rates than rural areas following the rebasing of the Consumer Price Index (CPI), the National Bureau of Statistics (NBS) has revealed. According to the NBS report, urban inflation stood at 26.09 per cent, while rural inflation was recorded at 22.15 per cent in January 2025. The gap shows [...]The post Inflation hits urban areas harder as Nigeria rebases index appeared first on The Guardian Nigeria News - Nigeria and World News.

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