Inflation

Nigeria’s hunger outlook improves, but nearly 17 million people still need food support
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Nigeria’s hunger outlook improves, but nearly 17 million people still need food support

Nigeria’s food security outlook is expected to improve over the coming months, with the number of people facing acute hunger…
World Bank: Reforms yet to lift most Nigerians out of poverty
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World Bank: Reforms yet to lift most Nigerians out of poverty

Nearly three years after the Federal Government introduced sweeping economic reforms, the World Bank says most Nigerians have yet to…
IMF: Rising essentials may push more Nigerians into poverty
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IMF: Rising essentials may push more Nigerians into poverty

Nigeria’s economy may continue to expand over the next two years, but rising prices of food, energy and other essential…
Cooking gas price surge raises scarcity fears as marketers sound alarm
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Cooking gas price surge raises scarcity fears as marketers sound alarm

The Nigerian Association of Liquefied Petroleum Gas Marketers (NALPGAM) has warned of a possible cooking gas shortage as supply disruptions…
Is it still cheaper to cook or just buy food?
Chops

Is it still cheaper to cook or just buy food?

For many Nigerians, the daily question of whether to cook at home or buy food has never been more pressing.…
Weak demand leaves manufacturers with ₦1.8 trillion worth of unsold goods
Business

Weak demand leaves manufacturers with ₦1.8 trillion worth of unsold goods

Nigeria’s manufacturing sector is under pressure as weak consumer demand and rising production costs push finished goods and raw material…
Staple food prices ease across markets as cooking oils remain costly
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Staple food prices ease across markets as cooking oils remain costly

Food prices across Nigeria showed early signs of relief in January as prices of key staples eased in several markets,…
Households still struggling despite inflation drop, CPPE warns
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Households still struggling despite inflation drop, CPPE warns

As Nigeria edges into the festive season, a period that usually brings fuller markets, heavier spending, and a brief sense…
Brewers push back on tax stamp rollout, warn of inflation risk
Business

Brewers push back on tax stamp rollout, warn of inflation risk

Nigeria’s brewing industry is pushing back hard against the Federal Government’s plan to introduce a tax stamp on excisable goods,…
Nigeria’s cooking gas prices surge as supply crunch bites hard
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Nigeria’s cooking gas prices surge as supply crunch bites hard

Cooking gas prices have gone through the roof again, and for many Nigerians, mealtime is fast becoming a luxury. In…
CBN cuts interest rate to 27% after months of holding steady    
Business

CBN cuts interest rate to 27% after months of holding steady    

For the first time this year, the Central Bank of Nigeria has nudged interest rates down. The Monetary Policy Committee…
Nigeria inflation is down, Why Aren’t prices too?
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Nigeria inflation is down, Why Aren’t prices too?

For the second time this month in a row, Nigeria’s headline inflation dipped; that is, on paper, so it seems.…
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