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Food Prices

Buhari Administration Shielded Ex-Governor Over Offshore Assets

Okoi Obono-Obla alleges that the Buhari administration protected a former governor from prosecution over $200 million in offshore assets.

Banks to Deposit Excess Dollars in CBN Lagos, Abuja Offices

CBN sets new deposit guidelines for banks to manage excess foreign currencies, aiming to stabilize the naira.

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,...

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Buhari Administration Shielded Ex-Governor Over Offshore Assets

Okoi Obono-Obla alleges that the Buhari administration protected a former governor from prosecution over $200 million in offshore assets.

Banks to Deposit Excess Dollars in CBN Lagos, Abuja Offices

CBN sets new deposit guidelines for banks to manage excess foreign currencies, aiming to stabilize the naira.

Resilient Nigerians Defy Tough Times with Stunning Creativity

Despite facing economic challenges, Nigerians are displaying resilience and creativity, transforming adversity into opportunity across various sectors like arts, tech, and agriculture.

Tenure of FCT Area Council Chairmen, Councillors Set to Expire in June 2026

The tenure of chairmen and councillors in the FCT area councils is set to expire in June 2026, clarified by INEC under the new Electoral Act 2022.