Digital Platform Transforms Nigeria's Food Processing
Nigeria's DFQT+ platform is transforming food fortification with real-time tracking and improved compliance. Discover how this digital innovation benefits producers and regulators.
Category : Search result: crashing food prices
Trump Lowers Tariffs on Beef, Coffee, Other Goods
President Trump signs order to lower US tariffs on beef, coffee, and other goods, aiming to address rising living costs. Learn about the new exemptions and their economic impact.
Stocks Struggle on US Rates, Tech Rally Fears
Global markets faced pressure as doubts over US Fed rate cuts and tech bubble fears grew. Oil prices rallied on Russian output risks. Get the full analysis for Nigerian investors.
Germany approves €98 billion debt for 2026 budget
German parliament approves revised 2026 budget with €98 billion borrowing for economic relief and military spending. Chancellor Merz unveils industrial power price cuts.
FG Suspends 15% Import Duty on Petrol and Diesel
NMDPRA guarantees sufficient petroleum products during festive season, advises against panic buying as depots announce new prices. Stay informed on Nigeria's energy security.
AGRA: Food Prices Rise & Fall Across Africa
AGRA's Food Security Monitor reveals mixed food commodity prices in Africa. Maize prices ease in Nigeria & East Africa, while rice costs rise in coastal West Africa. Discover the full analysis.
Asian Markets Fall on Fed Rate, Tech Worries
Asian markets declined, mirroring Wall Street's selloff amid uncertainty over the Federal Reserve's December rate decision and growing speculation of a tech bubble.
Nigeria suspends 15% import tax on fuel
Federal government suspends 15% import duty on petrol and diesel through NMDPRA. Move aims to prevent price hikes and ensure adequate supply during peak demand period.
UN Names Nigeria Among 16 Hunger Crisis Hotspots
UN food agencies warn Nigeria faces severe hunger crisis due to funding shortages. Conflict drives food insecurity in 16 nations. Urgent action needed to prevent catastrophe.
Lagos Cuts Food Prices 25% for Christmas
Lagos State introduces 25% subsidy on rice, beans, garri and other essentials ahead of Christmas. Governor Sanwo-Olu's initiative aims to ease cost of living during festive season.
Cooking Gas Prices Drop by Over N900 per Kg
Nigerians celebrate as cooking gas prices drop significantly, with marketers promising further reductions ahead of festive season. Major suppliers including NNPCL slash prices.
Cooking Gas Prices Surge Above N1,100 Nationwide
Nigerians face painful cooking gas price hikes as costs reach N2,000 per kg in Abuja, Lagos, and other cities. Marketers blame supply disruptions and logistics challenges for the crisis.
Dangote Triggers Petrol Price Crash in Nigeria
Dangote Refinery's price cut forces filling stations to reduce petrol prices. MRS, AP, Heyden stations react as marketers halt imports. Read the latest market analysis.
Nigeria's Youth: Key to Food Sovereignty - IFAD
IFAD calls for urgent investment in Nigeria's young population to transform agriculture, ensure food security, and unlock massive economic potential through innovative farming solutions.
FG Launches N250BN Food Security Fund
The Nigerian government unveils massive intervention fund to boost agricultural production and stabilize food markets across the nation.
Sabi Chef Awards ₦2M, Feeds 1000 Children
Groundbreaking culinary competition in Nigeria combines street food excellence with social impact, crowning champion chef and supporting vulnerable children through massive charity initiative.
Trump Unveils Plans to Cut Weight-Loss Drug Costs
Former President Donald Trump announces groundbreaking initiatives to reduce costs of popular weight-loss medications, potentially transforming healthcare access for millions.
Dangote Refinery Sparks Cooking Gas Crisis in Nigeria
Nigeria faces an impending cooking gas crisis as Dangote Refinery unexpectedly hikes prices by 25%, triggering panic among dealers and consumers across the nation.
Nigeria's Youth: Key to Food Sovereignty & Agricultural Revolution
IFAD reveals how Nigeria can achieve food sovereignty by empowering its youth population through agriculture. Discover the strategies and opportunities that could transform the nation's food security landscape.
Dangote Refinery Slashes Diesel Price to ₦1,000/Litre
Aliko Dangote's mega refinery triggers nationwide economic shift with dramatic diesel price reduction, offering relief to Nigerian businesses and consumers amid inflation pressures.
Senate Finds Toxic Chemicals in Nigeria's Food Chain
Shocking Senate investigation reveals widespread use of banned toxic chemicals in food preservation across Nigeria, posing severe health risks to millions of citizens.
BMW Reports Profit Surge, Shares Jump 5.5%
German luxury automaker BMW reports unexpected profit jump, sending shares soaring by 5.5% as premium vehicle sales defy economic challenges. Full-year outlook remains strong despite market volatility.
Tinubu Celebrates Dr. Adenle's Food Peace Global Award
Nigerian President Bola Tinubu hosts Dr. Adenle, winner of the distinguished Food Peace Global Award, celebrating a monumental achievement in agricultural innovation and food security leadership.
Dangote Refinery Cuts Petrol Prices, Shakes Market
In a dramatic market move, Dangote Petroleum Refinery has significantly reduced petrol prices, triggering a competitive battle that's transforming Nigeria's downstream oil sector and bringing relief to consumers.
Nigeria Forges Global Alliance for Food Security Revolution
Federal Government collaborates with international development partners in groundbreaking strategy session to achieve sustainable food sovereignty and transform Nigeria's agricultural landscape.
Toyota Raises Profit Forecast Amid Nigerian Tariff Concerns
Toyota Motor Corporation significantly increases its full-year profit projections amid weak yen and strong sales, but Nigerian consumers may bear the brunt through increased tariffs.
Cooking Gas Prices Surge Again: Scarcity Warning Issued
Nigerians face another round of cooking gas price hikes as dealers predict severe scarcity. Discover the causes and economic impact on households.
NLC: Democracy Failing as Election Prices Soar
Nigeria Labour Congress raises urgent concerns about the deteriorating state of democracy and economic hardship facing citizens during election periods as basic commodity prices surge uncontrollably.
BP Profit Surges to $2.7B as Oil Prices Soar
British energy giant BP announces staggering $2.7 billion quarterly profit amid soaring oil prices, marking a dramatic turnaround from previous losses and signaling strong market recovery.
Fed's Cook: Inflation to Stay Elevated in 2024
Federal Reserve Governor Lisa Cook signals persistent inflation concerns as price pressures prove more resilient than expected, impacting global economic outlook.
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