Nigeria’s headline inflation increased to 33.20% year on year in March, up from the 31.70% reported in February, as per data from the National Bureau of Statistics (NBS). Nigeria’s headline inflation increased to 33.20% year on year in March, up from the 31.70% reported in February.In March 2024, the food inflation rate on a month-on-month basis stood at 3.62%, a decrease of 0.17% compared to February 2024, when the rate was 3.79%.Central Bank Governor Olayemi Cardoso has stated that the bank’s Monetary Policy Committee anticipates a moderation in price pressures starting in May.The headline i…