Tag: food inflation

Rising energy costs push global food prices higher as FAO warns of deeper market shocks

Business Damilola Bayonle -
Rising geopolitical tensions and escalating energy costs are once again reshaping global food markets, with fresh data indicating that...

Egg scarcity looms in Nigeria as chick prices jump 67%, threatening food supply

Business Damilola Bayonle -
Nigeria egg scarcity: Day-old chick prices surge 67% as poultry sector struggles to rebound Nigeria’s poultry industry is once again...

Food prices finally ease in Nigeria as key staples record November drop – NBS

Business Damilola Bayonle -
Nigeria recorded a modest easing in food prices in November 2025, offering a rare moment of relief for households...

Garri price nosedives 51% in stunning market downturn | Farmers count heavy losses

Business Damilola Bayonle -
Nigeria’s staple food market is experiencing one of its sharpest price corrections in recent years as garri price tumbles...

Food price surge offsets inflation drop, CPPE warns

Business Damilola Bayonle -
Despite Nigeria’s recent decline in headline inflation, the Centre for the Promotion of Private Enterprise (CPPE) has cautioned that...

CITN Urges State Governments to Enforce Ban on Illegal Roadblocks

Business Damilola Bayonle -
The Chartered Institute of Taxation of Nigeria (CITN) has issued a strong appeal to state governors and local government...