food inflation

Food Prices in Nigeria Surge as Food Inflation Hits 39.84%

Food Prices in Nigeria Surge as Food Inflation Hits 39.84%

Nigeria's food inflation rate stood at 39.84% in December 2024, deeply affecting households across the country. This was revealed yesterday… Read More

5 months ago

Nigeria’s Inflation hits 34.80%, Food Inflation 39.84%

The National Bureau of Statistics (NBS) of Nigeria has recently relaunched its official website, with the release its Consumer Price… Read More

5 months ago

US Inflation Cools Down to 2.5% in August, Little Relief For Nigeria

Inflation's steady march lower continued in August 2024, with the Bureau of Labor Statistics reporting a year-over-year increase of 2.5%.… Read More

9 months ago

What Nigerian government said about where to buy rice for N40,000

The Federal Government's initiative to sell 50kg bags of rice for N40,000 remains shrouded in secrecy regarding the sale centres'… Read More

11 months ago

Food prices skyrocketed in June 2024, beans up 252%, tomatoes surge 320% – NBS

The National Bureau of Statistics (NBS) has released its June 2024 Selected Food Price Watch Report, highlighting substantial year-on-year increases… Read More

11 months ago

Nigeria’s inflation hits 34.19% in June, food inflation surges to 40.87%

Key Points Headline inflation increased to 34.19% in June 2024 from 33.95% in May 2024, marking a 0.24% month-on-month rise.… Read More

11 months ago

Ndume laments Tinubu’s inaccessibility as food crisis worsens

Key Points Leadership Inaccessibility: President Tinubu is reportedly difficult to reach, even for ministers. Government Struggles: Federal government faces challenges… Read More

11 months ago

Expert advocates federal-state collaboration to tackle food crisis in Nigeria

Key Points Food Crisis: Nigeria faces a persistent food crisis, with rising inflation putting a strain on the population. Collaboration… Read More

12 months ago

Nigeria proposes $1.3bn package to combat soaring prices, food insecurity

Nigeria's President Bola Ahmed Tinubu has proposed a $1.3 billion (two trillion naira) package aimed at combating soaring prices and… Read More

12 months ago

Business divestments and the imperative of economic reforms

…from the most perfunctory assessment of the state of the economy today, you could have your pick of why these… Read More

2 years ago

Food Inflation in Nigeria: How Families Are Adjusting

Over the last five years, Nigeria's inflation rate has increased drastically by over 5% since 2018. According to a report… Read More

2 years ago

Inflation Is knocking Titus Sardine off Nigerian Tables

“If Titus' price hike first struck the bricklayers, sometime in 2020 it started to knock Nigeria’s favourite delicacy from the… Read More

3 years ago