Category : Search result: Nigeria food inflation


UN Warns of Famine in Northern Nigeria

The UN warns 55 million in West and Central Africa face acute food insecurity, with 15,000 in Borno, Nigeria, one step from famine. Violence and aid cuts are to blame. Urgent funding is needed.

Nigeria's Inflation Cools to 15.15% in December 2025

Nigeria's inflation rate fell significantly to 15.15% in December 2025, down from 34.80% a year earlier. While food inflation moderated, high living costs continue to squeeze household budgets. Read the full analysis.

NESG Projects 5.5% Growth, 16% Inflation in 2026

The Nigerian Economic Summit Group projects economic growth of 5.5% and inflation of 16% for 2026, but warns a critical 18-month window exists to avoid policy reversals that could derail consolidation.

Nigeria's Inflation Rises to 15.15% in December

Nigeria's headline inflation increased to 15.15% in December 2025, a reversal after eight months of decline. The NBS attributes the rise to a statistical 'base effect' from CPI rebasing.

NESG Projects Naira at N1,480 to Dollar by 2026

The Nigerian Economic Summit Group forecasts the naira will stabilise around N1,480 per US dollar in 2026, driven by rising reserves and policy coordination. Discover the full economic outlook.

Mixed Food Price Trends in Nigeria: Grains Ease, Oils Climb

January brought relief for Nigerian households as prices for rice, beans, and garri fell in major markets. However, rising costs for cooking oils and logistics continue to pressure food budgets. Get the full regional breakdown.

MTN Pays Grocery Bills for Lagos Shoppers in Surprise Move

MTN Nigeria surprised Lagos shoppers by settling their grocery bills at Jendol Superstore. This gesture offers temporary relief as food inflation strains household budgets. Read how this corporate intervention impacted Nigerians.

NBS on Inflation Spike, Obi Warns on Poverty

NBS clarifies the projected December inflation spike is due to statistical rebasing, not economic decline. Meanwhile, Peter Obi warns Nigeria's rising poverty is a threat to national survival. Global food prices fall for fourth month.

PwC: 62% of Nigerians May Be Poor by 2026

A new PwC report warns that 141 million Nigerians could be living in poverty by 2026. Learn the key factors driving this alarming projection and its implications for households.

Systemic Failures Test Nigeria's Patience in 2025

As inflation, unemployment, and governance failures persist, Nigerians' daily worry becomes a survival mechanism. Explore the data and human cost, and discover how some are turning concern into action. Read the full analysis.

CPPE: Nigeria's GDP to Grow 4.5% in 2026

The Centre for the Promotion of Private Enterprise forecasts Nigeria's GDP growth between 4.0% and 4.5% in 2026, citing cautious optimism. Read the full economic outlook.

Yishawu's 50% Discount Food Market Eases Lagos Burden

Lagos lawmaker Gbolahan Yishawu launches a 50% discount food market in Eti-Osa, providing subsidized staples to over 10,000 residents for Christmas. Read how this initiative is easing economic pressure.

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