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Nigeria’s annual food inflation rate reversed a six-month downward trend, rising to 12.2 per cent in February, from 8.89 per cent in January, driven by...
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After Six-Month Break, Food Inflation Resumes Upward Climb, Rises 12.12%
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After Six-Month Break, Food Inflation Resumes Upward Climb, Rises 12.12%
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All posts tagged "Food inflation"
Economy
Nigeria’s headline inflation rate increased to 33.88% in October 2024, up from 32.7% in September 2024, reflecting a 1.18 percentage point month-on-month increase. This...
Featured
Nigeria ranks fifth in the list of top 10 countries worse hit by food inflation in the world. The country, however, occupies the third...
Economy
The National Average Cost of a Healthy Diet increased to ₦1,241 in June 2024. This was revealed by the Nigerian Bureau of Statistics (NBS)...
Economy
On Monday 8th of July 2024, the organised private sector blamed the worsening insecurity in the country for the food inflation which increased to...