Nigeria’s headline inflation has risen to 29.90%, an increase from the 28.92% reported in January, according to the National Bureau of Statistics (NBS). Nigeria’s headline inflation rose to 29.90% in January.The headline inflation rate for January 2024 indicates a rise of 0.98 percentage points compared to the December 2024 inflation rate.Food inflation rate for January accelerated to 35.41% on a year-on-year basis.Examining the trends, the headline inflation rate for January 2024 indicates a rise of 0.98 percentage points compared to the December 2023 headline inflation rate. On a year-on-yea…