Category : Search result: food inflation


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.

Fed's Williams Sees No Urgency for Further Rate Cuts

New York Fed President John Williams says recent US inflation data was distorted by a government shutdown and Black Friday sales, advising patience on further interest rate cuts. Get the full analysis.

US Inflation Cools Unexpectedly in November

US consumer inflation slowed to 2.7% in November, below forecasts. The data, delayed by a government shutdown, shows easing price pressures despite earlier tariff impacts. Read the full analysis.

Bank of England Cuts Interest Rate to 3.75%

The Bank of England has cut its key interest rate to 3.75% after UK inflation eased faster than expected. Governor Andrew Bailey confirmed the move, marking the sixth reduction since August 2024. Read more for the full analysis.

ECB holds rates steady at 2% as inflation cools

The European Central Bank keeps its key deposit rate at 2% for the fourth consecutive meeting. Analysts scrutinise Lagarde's comments for clues on future monetary policy amid uncertain inflation outlook. Read more.

Laura Ikeji: Greed Will Spoil Detty December

Businesswoman Laura Ikeji criticizes exploitative price inflation targeting returnees during the festive season, warning it could kill the Detty December culture. Read her full warning.

Inflation Falls to 14.45% in November 2025

Nigeria's inflation rate declined to 14.45% in November 2025, down from 16.05% in October. Read the full NBS report on food and core inflation trends across states.

Nigeria's Inflation Eases to 14.45% in November

Nigeria's headline inflation rate fell to 14.45% in November 2025, a significant drop from 16.05% in October. The National Bureau of Statistics attributes the moderation to CPI rebasing. Read the full analysis.

Inflation Falls to 14.45% in November 2025

Nigeria's inflation rate declined to 14.45% in November 2025, a significant drop from October. The NBS CPI report details the monthly and yearly trends, including food and core inflation figures across states.

Divided US Fed Faces Contentious Rate Decision

The US Federal Reserve's final 2025 meeting is marked by internal conflict over a potential third interest rate cut, with a key data shortage complicating the decision. Read the full analysis.

New Egg and Chicken Prices Released by Farmers

Nigerian poultry farmers announce updated rates for eggs and adult chickens. Despite a drop in inflation, staple foods remain costly, squeezing household budgets ahead of Christmas.

Food Bank Targets 40m Nigerians in Hunger Intervention

MATAN Food Bank launches an automated digital initiative to provide direct food access for over 40 million Nigerians, backed by the House of Representatives. Read how this plan tackles the nation's food crisis.

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