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Tag "Food inflation"

Food prices dropped in Akwa Ibom, price of gas increased… highlights of Nigeria’s November inflation report

    Food prices dropped in Akwa Ibom, price of gas increased… highlights of Nigeria’s November inflation report

The consumer price index (CPI), which measures the rate of change in prices of goods and services, declined marginally in November 2021 to 15.40 percent from 15.99 percent recorded in

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IMF advises Sub-Saharan Africa to fight food insecurity, avoid trade barriers

    IMF advises Sub-Saharan Africa to fight food insecurity, avoid trade barriers

The International Monetary Fund (IMF) has advised sub-Saharan Africa countries to fight food insecurity, avoid trade barriers and improve access to finance.  IMF said this in a new blog post

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N30k for bag of rice, crate of eggs now N2k… traders grapple with low sales amid rising food prices

    N30k for bag of rice, crate of eggs now N2k… traders grapple with low sales amid rising food prices

The prices of food items continue to soar across major markets in Lagos, as traders complained of low sales amid declining purchasing power. This is according to a market survey

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Nigeria’s inflation rate slows 17.93% in May

    Nigeria’s inflation rate slows 17.93% in May

The consumer price index (CPI), which measures the rate of change in prices of goods and services, dropped to 17.93 percent in May from 18.12 in April. This is according

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Unresolved security challenges, FX scarcity, high import cost worsen Nigeria’s inflationary pressure

  Unresolved security challenges, FX scarcity, high import cost worsen Nigeria’s inflationary pressure

The National Bureau of Statistics (NBS), on Tuesday, released the inflation report for February with the headline rate surging from

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Yet again, Buhari asks CBN not to give money for food importation

  Yet again, Buhari asks CBN not to give money for food importation

President Muhammadu Buhari has directed the Central Bank of Nigeria (CBN) not to provide foreign exchange for the importation of

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Osinbajo: We’re pushing that MDAs must buy only made-in-Nigeria cars

  Osinbajo: We’re pushing that MDAs must buy only made-in-Nigeria cars

Vice President Yemi Osinbajo says the federal government is working a policy that will mandate all ministries, departments and agencies

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NBS: Food prices grew fastest in Kwara, Edo, Sokoto in October

  NBS: Food prices grew fastest in Kwara, Edo, Sokoto in October

The National Bureau of Statistics (NBS) says the rate at which the prices of foodstuff increased in October was highest

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Food inflation

  Food inflation

We talk a lot about food price inflation being a major problem in Nigeria, and while many Nigerians appear to

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Food inflation hits two-year high as Akwa Ibom records price drop

  Food inflation hits two-year high as Akwa Ibom records price drop

The rate at which the prices of food items increased in May 2020 was the fastest since April 2018. According

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