Tag: food inflation Nigeria

Middle East crisis may reverse Nigeria’s inflation gain as prices head toward 16%

Business Damilola Bayonle -
Amid mounting global uncertainties, Nigeria’s inflation outlook is once again under scrutiny, with analysts warning that external shocks could...

Middle East crisis may reverse Nigeria’s inflation gain as prices head toward 16%

News Damilola Bayonle -
Amid mounting global uncertainties, Nigeria’s inflation outlook is once again under scrutiny, with analysts warning that external shocks could...

Nigeria inflation may slow to 14.12% but rising energy costs pose fresh risk

Business Damilola Bayonle -
Nigeria’s inflation outlook may witness fresh pressure despite recent signs of moderation, as rising global energy costs threaten to...

Nigeria’s inflation drops to 14.45%, beats budget target after 6 years

Business Damilola Bayonle -
At 14.45%, Nigeria’s Inflation Falls Below Budget Estimate for First Time in Six Years Nigeria has recorded a significant macroeconomic...

Naira gains ease food inflation: How currency stability is lowering food prices

Business Damilola Bayonle -
Nigeria sees significant relief in food prices as naira strengthens and inflation moderates Nigeria’s economy is witnessing a notable easing...

Food imports in Nigeria surge 45% as local production falters

Business Damilola Bayonle -
Nigeria’s dependence on imported food and beverages has deepened, with new data from the National Bureau of Statistics (NBS)...

Tinubu launches bold action to slash food costs, secure commodity flow

Business Damilola Bayonle -
In a decisive move to tackle rising food costs and enhance national food security, President Bola Ahmed Tinubu has...

Stable naira, harvests to tame inflation – Analysts

Business Damilola Bayonle -
Nigeria’s battle with high inflation may see some relief in the coming months as economic analysts project a sustained...

CITN Endorses Unified Levy System for Food Transport Across States

Business Damilola Bayonle -
The Chartered Institute of Taxation of Nigeria (CITN) has thrown its weight behind the Nigeria Governors’ Forum (NGF) over...

Abuja, 10 States Record 30%+ Inflation as Economic Pressure

Economy Damilola Bayonle -
Despite a marginal drop in Nigeria’s national inflation rate in April 2025, millions of households across the country continue...