The South West Governors’ Forum, comprising the governors of Lagos, Ogun, Oyo, Osun, Ekiti, and Ondo States, on Thursday met in Lagos State and agreed to...
Nigeria’s food inflation rate surged to 40.66% on a year-on-year basis in May 2024, a significant increase from 24.82% recorded in May 2023. The latest figures...
Nigeria is grappling with soaring inflation as data from the statistics agency revealed that the country’s headline inflation surged to a new 28-year high in April....
Nigeria’s headline inflation surged to 29.90% in January 2024, a significant uptick from the December 2023 figure of 28.92%, according to the latest data released by...
Nigeria is grappling with a significant surge in inflation with the Consumer Price Index (CPI) for September 2023 rising to a concerning 26.72%, according to the...
Yam Prices Surge by 42%, While Rice, Palm Oil, and More Follow Suit
This unprecedented measure grants the government the authority to take extraordinary actions aimed at improving food supply and affordability, which have been severely impacted by surging...
Food prices rose substantially in the month of April as food inflation soared to 24.61% on a year-on-year basis, marking a substantial 6.24% point increase compared...
The cost of basic food items required for survival by an average Nigerian family rose by 17.5 percent to N48,130 in January 2023 from N40,980 in...
The United Kingdom’s (UK) annual growth of food prices stood at a record high of 13.3% as of December last year. This was disclosed in the...