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Food inflation

Business and Economy

Why July inflation will increase despite rice palliative, import-duty incentives

THERE are huge concerns that macroeconomic fundamentals are revealing that Nigeria's inflation figures for July will be much higher...
Ehime ALEX -
Business and Economy

One year after Tinubu took office, the cost of eating healthy food increased by over 100%

THE latest data from the National Bureau of Statistics (NBS) has shown that as of April 2024, eating healthy...
Kehinde OGUNYALE -
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Business and Economy

Nigeria’s inflation rises to 33.69% in April

NIGERIA'S headline inflation rate increased to 33.69 per cent in April, the 11th consecutive rise under President Bola Tinubu,...
Kehinde OGUNYALE -
Business and Economy

EXPLAINER: Why a stronger naira is not leading to lower prices of bread, rice, millet others

IN recent weeks, Nigeria's currency naira has been strengthening against the dollar, but this is not leading to lower...
Harrison EDEH -
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Business and Economy

Nigerians spend N858 to eat a healthy diet in January – Report

AS of January 2024, a Nigerian would averagely spend N858 to eat a healthy diet, data released by the...
Kehinde OGUNYALE -
Business and Economy

Nigeria’s headline inflation defies FG’s palliatives, hits 18-year high at 26.72%

NIGERIA's headline inflation rose to 26.72 per cent in September 2023 from 25.80 per cent in August, despite the...
Ehime ALEX -
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