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Food Prices

Moni Pulo Marks 12 Years, CEO Eyes Gas Growth in Niger Delta

Nigerian indigenous oil producer Moni Pulo marked 12 years of corporate worship services as its CEO announced gas development plans and called it a season of increase.

DIG Frank Mba Retires After 34 Years in Nigeria Police

Deputy Inspector-General Frank Mba has voluntarily retired from the Nigeria Police Force after 34 years, as seven AIGs line up for promotion interviews to fill senior vacancies.

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.

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,...

Latest articles

Moni Pulo Marks 12 Years, CEO Eyes Gas Growth in Niger Delta

Nigerian indigenous oil producer Moni Pulo marked 12 years of corporate worship services as its CEO announced gas development plans and called it a season of increase.

DIG Frank Mba Retires After 34 Years in Nigeria Police

Deputy Inspector-General Frank Mba has voluntarily retired from the Nigeria Police Force after 34 years, as seven AIGs line up for promotion interviews to fill senior vacancies.

Senate Summons Kyari Over N210trn Unaccounted in NNPCL

Nigeria's Senate has summoned former NNPCL chief Mele Kyari to explain N210 trillion flagged in audit reports covering 2017 to 2023, threatening arrest warrants if he fails to appear.

Nigeria Textile Sector GDP Contribution Falls 3.6 Percent in 2 Years

Nigeria's textile and garment sector shed N164 billion in output value between 2023 and 2025, with fewer than 20 mills still running across the country.