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Food Prices

Nigeria Sets 2026 Deadline for New Insurance Capital

NAICOM has fixed July 2026 for insurers to meet the new capital requirement, setting the stage for industry restructuring and tighter oversight.

Ashimolowo Backs Training Corps Members for Security Duty

Ashimolowo urges the Federal Government to adopt NYSC security awareness, saying trained corps members can help strengthen grassroots threat detection nationwide.

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.

Nigeria’s Hunger Crisis Deepens as Food Prices Skyrocket

Nigeria, Africa’s most populous nation, is facing a worsening food insecurity situation as the...

Nigeria on the Brink of Food Crisis as Staple Food Prices Skyrocket, AFEX Report Reveals

Nigeria, the most populous nation in Africa, is on the brink of a food...

Nigeria’s Inflation Hits New High, Food Prices Soar

Nigeria’s inflation rate has risen for the 10th consecutive month, reaching 27.33% in October,...

Soaring Food Prices Hit Nigerian Diets Amid Inflation

With inflation hitting 30% and the Naira trading at 1000/$, over 90% of Nigerians...

Nigerians Face Pressure as Food, Fare Prices Surge

The National Bureau of Statistics (NBS) revealed a surge in food prices in August,...

Latest articles

Nigeria Sets 2026 Deadline for New Insurance Capital

NAICOM has fixed July 2026 for insurers to meet the new capital requirement, setting the stage for industry restructuring and tighter oversight.

Ashimolowo Backs Training Corps Members for Security Duty

Ashimolowo urges the Federal Government to adopt NYSC security awareness, saying trained corps members can help strengthen grassroots threat detection nationwide.

RVPL Marks Decade of Trust in Real Estate

RVPL marks ten years of global operations, spotlighting how RVPL trust has driven investor confidence and sustained its zero-compromise real-estate strategy.

Anambra Intensifies Crackdown On Environmental Violations

Anambra expands its environmental enforcement campaign, targeting street trading, drainage blockages and illegal wastewater discharge to improve community safety and curb flooding risks