Nigerian Households Spend Up to 120% of Income on Food, Oyedele Says
Taiwo Oyedele says some Nigerian families spend more than their income on food and resort to borrowing, despite Nigeria’s relatively ...
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Tag: #foodprices
Nigeria’s Inflation Climbs to 15.93% in May as Businesses Cite Middle East Tensions, Energy Costs
Nigeria’s headline inflation rate rose to 15.93 per cent in May 2026, marking the third consecutive monthly increase in the ...
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Tomatoes, Beans, Garri Prices Rise in April Despite Annual Decline in Food Costs — NBS
The National Bureau of Statistics (NBS) has reported fresh increases in the prices of several food items, including tomatoes, beans, ...
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Global Food Prices Rise 5% After Strait of Hormuz Closure — World Bank
Global food prices rose by 5% in the two months following the near-total closure of the Strait of Hormuz after ...
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Food Prices Fluctuate in March 2026 as Eggs, Beans, Rice, and Garri Show Mixed Trends — NBS
Consumers across Nigeria paid varying prices for staple food items in March 2026, with increases recorded in several key commodities ...
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Yam Prices Fluctuate Across Lagos Markets Amid Rising Costs
Yam prices continue to fluctuate across Lagos markets, as traders link recent increases to transportation costs, seasonal supply patterns, and ...
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Nigeria’s Inflation Moderates to 15.06% in February 2026 Amid Persistent Price Pressures
The latest Consumer Price Index shows Nigeria’s headline inflation rate eased slightly to 15.06% in February 2026 from 15.10% in ...
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Abuja Residents Hail FG as Food Prices Crash Nationwide
Some residents of Abuja have commended the Federal Government’s intervention in the food sector, saying the recent drop in prices ...
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Nigeria’s Inflation Eases to 22.22% in June as Food, Energy Prices Moderate — NBS
Nigeria’s Consumer Price Index (CPI), which tracks the rate of change in the prices of goods and services, eased to ...
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Nigeria’s Headline Inflation Rises to 32.70% Amid Food and Transport Cost Increases
The National Bureau of Statistics (NBS) has reported a notable rise in Nigeria's headline inflation, which increased by 55 basis ...
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