2024 Inflation Rate In Nigeria. In may 2024, the headline inflation rate increased to 33.95% relative to the april 2024 head line inflation rate which was 33.69%. Nigeria inflation rate for 2022 was 18.85% , a 1.89% increase from 2021.

Looking at the movement, the may 2024 headline infla tion. With continued monetary tightening, inflation is.