food inflation Nigeria
Stable naira, harvests to tame inflation – Analysts
Nigeria’s battle with high inflation may see some relief in the coming months as economic analysts project a sustained slowdown, driven largely by exchange rate stability, the ongoing harvest season, and softer global commodity prices. The National Bureau of Statistics (NBS) recently reported that headline inflation dropped for the fourth consecutive month in July 2025, […]
CITN Endorses Unified Levy System for Food Transport Across States
The Chartered Institute of Taxation of Nigeria (CITN) has thrown its weight behind the Nigeria Governors’ Forum (NGF) over the decision to harmonise transportation levies on agricultural produce across the country. The move, CITN said, is critical to fixing Nigeria’s strained food supply chain, reducing inflationary pressures, and enhancing public confidence in the nation’s fiscal […]
Abuja, 10 States Record 30%+ Inflation as Economic Pressure
Despite a marginal drop in Nigeria’s national inflation rate in April 2025, millions of households across the country continue to feel the strain as no fewer than 10 states and the Federal Capital Territory recorded headline inflation rates above 30%, spotlighting deep-seated economic pressures that persist beneath the surface of national averages. According to the […]