Inflation Rate In Nigeria 2024 Cbn. 12 members of the monetary policy committee (mpc) of the central bank of nigeria (cbn) have unanimously agreed to further raise the monetary interest rate to 27.50. The central bank of nigeria’s monetary policy committee has raised the country’s interest rate by 25 basis points to 27.50 percent in november from 27.25 percent in.

Headline inflation increased to 34.2 percent in june 2024 from 22.8 percent in june 2023 and 34.0 percent in may 2024. The central bank of nigeria’s monetary policy committee has raised the country’s interest rate by 25 basis points to 27.50 percent in november from 27.25 percent in.