NAFDAC Orders Recall of Indomie Noodles Over Allergens
NAFDAC alerts Nigerians to recall of Indomie Vegetable Flavour noodles due to undeclared milk and eggs. Consumers urged to discard product and report sightings.
Category : Search result: Nigeria food inflation
Nigeria's Economy to Grow 4.2% in 2026 - Economist
A PwC Nigeria economist forecasts 4.2% economic growth for Nigeria in 2026, driven by reforms and key sectors, but warns of risks like insecurity and inflation. Read the full analysis.
Economist Calls for More Farmer Support to Lower Food Prices
Dr. Muda Yusuf urges increased support for farmers with inputs like fertiliser and irrigation to make food affordable. While inflation is easing, prices remain high.
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.
Nigeria Not Among World's 30 Most Miserable Nations
Nigeria is excluded from the 2024 list of the world's 30 most miserable countries, per the Okun's Misery Index. Discover what this means for the nation's economy.
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.
Food Inflation Plunges to 11.08% as Prices Crash
Nigerians rejoice as food prices drop for five consecutive months. Inflation falls to 15.45%, with staples like rice and garri becoming more affordable. Read the full analysis.
Nigeria's Crisis: Insecurity, Inflation & Governance Failures
An in-depth analysis of Nigeria's overlapping crises in 2025: escalating insecurity killing thousands, soaring food inflation, and governance failures. Discover the root causes and a 7-step framework for national recovery.
Nigeria's Inflation Rate Drops to 14.45% in November
Nigeria's inflation rate fell to 14.45% in November 2025, marking the eighth consecutive decline this year. The NBS report shows food prices remain the main driver. Read the full analysis.
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.
Sanwo-Olu Backs Food Entrepreneurs for Lagos Food Security
Governor Babajide Sanwo-Olu commits to empowering food innovators at the 2025 Lagos Food Festival. Read how the state is strengthening its food value chain and celebrating culinary diversity.
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.
Asian stocks falter ahead of expected US Fed rate cut
Asian equities drifted lower as investors await a likely US interest rate cut. Debate intensifies on whether the Federal Reserve can sustain easing into 2026 amid stubborn inflation.
Nigerians Turn to Online Shopping to Combat Inflation - Jumia
Jumia's Q3 2025 data reveals a 43% GMV surge as Nigerians strategically use e-commerce to stretch budgets during inflation. CEO Temidayo Ojo explains the shift.
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.
Soft Drink Tax Hike Risks Jobs and Inflation, CPPE Warns
The CPPE warns Nigeria's proposed excise duty increase on beverages may trigger job losses and worsen inflation. Experts urge broader public health strategies instead. Read more.
Bread Prices Skyrocket, Bakers Deny Flour Cost Drop
Nigerian bakers refute viral claims of a flour price crash, revealing high production costs keep bread prices steep. Learn why your loaf costs more and what's next.
Rice Price Drops in Lagos, Farmers Predict More Cuts
Lagos slashes rice price to N57,000 per 50kg bag, triggering market-wide reductions. Farmers forecast further price drops ahead of Christmas but criticize import policies. Read for full market analysis.
CBN Consolidates Financial Market Reform Gains
CBN Governor Yemi Cardoso outlines progress in Nigeria's financial reforms as naira stabilizes, inflation drops to 16.05%, and reserves hit $46.7 billion. Learn how these gains impact Nigeria's economy.
CBN: Nigeria's inflation drops to 16.05% in October
CBN Governor Cardoso announces sharp decline in inflation and FX market stabilization. Nigeria's economic reforms showing positive results with renewed investor confidence.
CBN Won't Fund Fiscal Deficits, Says Cardoso
CBN Governor Olayemi Cardoso declares an end to fiscal deficit financing, commits to single-digit inflation. Nigeria's economy shows resilience amid reforms. Read more.
Nigeria's Economy Stabilizes as Inflation Halves to 16.05%
CBN Governor Cardoso reveals Nigeria's economic turnaround: inflation dropped from 34.6% to 16.05%, forex reserves hit $46.7B, and growth reached 4.23%. Discover how reforms are driving sustainable growth.
NY Mayor's City-Run Grocery Stores Plan Sparks Debate
New York's incoming socialist mayor Zohran Mamdani proposes government-run supermarkets to address food insecurity affecting 1.4 million residents. The plan faces criticism from conservatives.
Nigeria's Inflation Falls to 16.02% Amid Economic Debate
Nigeria's inflation rate dropped to 16.02% in October 2025, marking sixth consecutive decline. Experts question if statistics reflect true economic reality for average Nigerians. Read analysis.
Bread Prices Remain High Despite Cheaper Flour in Nigeria
Nigerian families face ongoing hardship as bread prices refuse to fall despite significant drops in flour costs. Bakers blame high electricity, diesel and other ingredient expenses.
35 Million Nigerians Face Severe Hunger Due to Insecurity
UN warns rising insecurity in Northern Nigeria could push 35 million into severe hunger during 2026 lean season. WFP emergency resources deplete by December without urgent funding.
NBS Reports Significant Drop in Nigerian Food Prices
NBS data reveals a welcome decline in prices of beans, garri, and maize in Nigeria for September 2025. Discover the latest food price trends and regional variations.
CBN Retains 27% Interest Rate to Combat Inflation
Nigeria's Central Bank maintains Monetary Policy Rate at 27% to stabilize prices. MPC keeps tight monetary stance as inflation shows signs of easing. Full details inside.
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