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Food Prices

Keyamo orders probe, grounds aircraft after unauthorized landing near Asaba

Aviation Minister Festus Keyamo has grounded a private aircraft and ordered a probe after it made an emergency landing near Asaba and departed without clearance.

Ex-CBN deputy governor Moghalu named Bluecode Africa board chairman

Bluecode Africa has named former CBN deputy governor Kingsley Moghalu chairman of its Nigerian subsidiary's advisory board as the payments firm enters the Nigerian market.

Nigeria’s Inflation Rate Sees Slight Dip to 15.06% in February, Says NBS

KEY POINTS Nigeria’s inflation rate dipped slightly to 15.06% in February 2026 from...

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...

Festive Season Pressure Sends Nigeria’s Inflation to Four-Month High

Nigeria’s November inflation climbed month-on-month as festive demand and insecurity lifted food prices, despite easing annual inflation trends.

10 Agribusiness Opportunities Nigerians Can Tap Into in 2025

KEY POINTS Nigeria’s agribusiness sector is widening, offering at least ten high-potential opportunities for...

Nigeria’s Inflation Surges to 24.23% as Food Prices Bite Harder

KEY POINTS Nigeria's inflation accelerates to 24.23% in March, with food prices rising 21.79%...

Nigeria’s Inflation Hits 34.6 percent Amid Soaring Food Prices

Nigeria’s growing cost of living reaches 34.6 percent, as food prices soar, subsidy removal takes effect.

Nigeria’s Inflation to Hit 34.64% as Cost Pressures Mount

Nigeria's inflation is forecast to hit 34.64%, driven by food prices, cost pressures, and sticky core inflation, according to Financial Derivatives analysts

Nigerian Families Struggle as Food Prices Soar Amid Inflation

Nigerian families face severe hardship as food prices soar due to inflation. The government seeks solutions to tackle the rising costs.

Nigeria’s Inflation Climbs to 34.19% in June, Driven by Food Prices

Nigeria's inflation rate rose to 34.19% in June, driven by rising food prices. This significant increase poses serious concerns for the economy and citizens.

More Naira, Less Value: Inflation Erodes ₦7.6 Trillion in Consumer Spending

Inflation in Nigeria has wiped out ₦7.6 trillion in consumer spending, highlighting severe economic challenges and declining purchasing power for households

Nigerian Families Grapple with Triple Economic Crisis

In a season of triple shocks, Nigerian families are battling to contain an escalating...

Inflation Hits Nearly 30%, Highest Since 1996

Nigeria's inflation rate reaches nearly 30% amid skyrocketing food prices and currency devaluation. Government faces mounting pressure to stabilize economy and alleviate financial strain on households.

Latest articles

Keyamo orders probe, grounds aircraft after unauthorized landing near Asaba

Aviation Minister Festus Keyamo has grounded a private aircraft and ordered a probe after it made an emergency landing near Asaba and departed without clearance.

Ex-CBN deputy governor Moghalu named Bluecode Africa board chairman

Bluecode Africa has named former CBN deputy governor Kingsley Moghalu chairman of its Nigerian subsidiary's advisory board as the payments firm enters the Nigerian market.

FCMB appoints Bismarck Rewane non-executive director and board chairman

First City Monument Bank has appointed economist Bismarck Rewane as non-executive director and chairman of its board, following approval from the Central Bank of Nigeria.

Federal Government’s iDICE programme onboards 185 founders in first cohort

The Federal Government's iDICE programme has onboarded 185 founders into the first cohort of its Startup Bridge initiative, selected from more than 7,000 applicants.