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food inflation

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FG presses pre-2004 civil servants on pension verification

PenCom and the head of the civil service are pressing pre-2004 federal civil servants to complete a one-time online verification for their accrued pension rights.
Business

Dangote pledges 95,000 jobs as refinery scales to 1.4m bpd

Aliko Dangote has pledged 95,000 skilled jobs as his Lagos refinery scales from 650,000 to 1.4 million barrels per day, set to overtake India's Jamnagar.
Business

Nigeria’s Inflation Rate Dips Slightly to 15.1%

KEY POINTS Nigeria’s inflation rate edged down to 15.1 percent in January 2026, showing...
News

Abuja Farmers Count Losses as Food Prices Fall, Consumers Celebrate Relief

Farmers in Abuja lament huge losses from falling food prices, while residents celebrate cheaper staples after years of high costs.
Business

Nigeria’s Inflation Rate Declines to 23.71% in April

KEY POINTS Nigeria's annual inflation rate decreased to 23.71% in April 2025 from 24.23%...
Business

Five Underlying Forces Fueling Nigeria’s Persistent Inflation Crisis

KEY POINTS Reliance on fuel imports, forex illiquidity, and regulatory bottlenecks add hidden costs...
Business

Nigeria’s Inflation Rate Drops to 23.18% in February 2025

KEY POINTS  Nigeria’s inflation rate dropped to 23.18% in February 2025, down from 24.48%...
News

Nigeria’s Inflation Battle Intensifies as MPC Meets

Nigeria's inflation battle intensifies as the MPC meets to decide on measures to curb rising prices. Key areas include interest rates, currency stability, and food security.
News

Nigeria Suspends Duty on Rice and Wheat, Approves ₦2 Trillion to Combat Food Inflation

Nigeria suspends import duties on rice and wheat and approves a ₦2 trillion package to combat food inflation and enhance food security.

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News

FG presses pre-2004 civil servants on pension verification

PenCom and the head of the civil service are pressing pre-2004 federal civil servants to complete a one-time online verification for their accrued pension rights.
Business

Dangote pledges 95,000 jobs as refinery scales to 1.4m bpd

Aliko Dangote has pledged 95,000 skilled jobs as his Lagos refinery scales from 650,000 to 1.4 million barrels per day, set to overtake India's Jamnagar.
News

Waltersmith doubles refining capacity to 10,000 bpd

Abdulrazaq Isa's Waltersmith Petroman Oil has doubled its refining capacity to 10,000 barrels per day after completing a Phase 2 expansion in Imo State.
News

Magaji urges FG to form farmer-herder prevention panel

AFAN President Mohammed Magaji has urged the Federal Government to set up a national committee to prevent farmer-herder clashes before they erupt across rural Nigeria.