Nigeria's Food Inflation Drops: See Top 10 Costly States
NBS data shows Nigeria's food inflation fell to 10.84% in Dec 2025. Discover the 10 states where food was most expensive and the items that saw price drops. #NigeriaEconomy
Category : Search result: tomato prices Nigeria
Mixed Food Price Trends in Nigeria: Grains Ease, Oils Climb
January brought relief for Nigerian households as prices for rice, beans, and garri fell in major markets. However, rising costs for cooking oils and logistics continue to pressure food budgets. Get the full regional breakdown.
Marketers Resist Cutting Petrol Prices Below Dangote Rate
Independent oil marketers explain why petrol prices remain above Dangote Refinery's N739 benchmark, citing high logistics costs. Discover the factors shaping Nigeria's fuel price war.
Tomato Prices Crash to 12-Year Low in Nigeria
Nigerian households and businesses enjoy stable tomato prices in 2025 after a record-breaking production year. Discover how strategic efforts broke a long cycle of scarcity and what challenges remain.
NBS on Inflation Spike, Obi Warns on Poverty
NBS clarifies the projected December inflation spike is due to statistical rebasing, not economic decline. Meanwhile, Peter Obi warns Nigeria's rising poverty is a threat to national survival. Global food prices fall for fourth month.
PETROAN Urges FG to Revive Refineries by Q1 2026
PETROAN advises the Federal Government to focus on rehabilitating Nigeria's refineries to cut fuel prices and boost the economy. Read the full analysis and political implications.
Fuel Prices Drop to N710/Litre After Dangote Deal Collapse
Nigerian petrol depot prices plummet to N710 per litre following the collapse of Dangote Refinery's supply deal with marketers. Experts predict further drops as competition and global oil prices intensify. Read more for full analysis.
PETROAN, NNPCL in Talks for Port Harcourt Refinery Takeover
PETROAN confirms discussions with NNPCL to acquire and revive the Port Harcourt Refinery for $2 billion. The move aims to boost local refining and stabilise fuel prices in Nigeria.
Tomato Truck Crash on Otedola Bridge, No Lives Lost
A truck carrying tomatoes crashed into vehicles on Lagos's Otedola Bridge after brake failure. The accident occurred at noon on Thursday, January 8. Thankfully, no fatalities were recorded.
PETROAN: How to Lower Fuel Prices in 2026
PETROAN outlines critical steps for cheaper fuel in 2026, citing crude supply and policy stability. Learn about the naira-for-crude policy's challenges and new refinery impact.
Cooking Gas Prices Drop as Supply Improves in Nigeria
Nigerian households get relief as cooking gas (LPG) prices fall to between N1,000 and N1,400 per kg. Improved supply from late 2025 ends months of scarcity. Read the full market report.
Oil Prices Slip to $61 Amid Venezuela Instability
Global oil prices fall to $61 per barrel due to Venezuela's instability. Analysts warn of further drops below $60 if US tensions persist. OPEC+ pauses production hikes.
NNPC Announces New Petrol Prices Across Nigeria
NNPC reduces petrol pump prices nationwide, with Abuja at N815 and Lagos at N785 per litre. Dangote Refinery's stable pricing drives the welcome relief for Nigerian motorists.
Fuel Prices Rise to N800/Litre After Dangote Refinery Shutdown
Private depot owners have increased petrol prices to N800 per litre following Dangote Refinery's planned maintenance shutdown. Get the latest on Nigeria's fuel market and price outlook.
Lagos One-Bedroom Rent Hits ₦20.9m in 2025
A new report shows Lagos rents have skyrocketed, with a one-bedroom in Eko Atlantic costing ₦20.9m annually. Discover the full breakdown of prices across the city and the economic factors driving this surge.
APC Group Says Tinubu Deserves Re-election for Economic Recovery
An APC support group, BTO4PBAT, argues President Tinubu's economic policies are showing results, citing lower rice prices. They urge grassroots mobilization for his re-election.
Nigeria's Petrol Cheapest in West Africa at ₦739/Litre
Nigeria now sells the cheapest petrol in West Africa at ₦739 per litre, thanks to Dangote Refinery's price cuts. Discover how this impacts the economy and future fuel supply.
Nigerian States With Lowest Petrol Prices Revealed
NBS data shows petrol prices fell 12.59% year-on-year in November 2025. See the top 10 cheapest states and the impact of NNPC and Dangote refinery price cuts.
Nigeria 5th in Africa for Lowest Fuel Prices
Nigeria emerges as the 5th African nation with the cheapest fuel, thanks to the Dangote Refinery's impact. See the full top 10 list and analysis of pricing factors.
Japan Hikes Interest Rates to Highest Level Since 1995
The Bank of Japan has increased interest rates to a three-decade high of 0.75% to combat persistent inflation, partly driven by soaring rice prices. Get the full details on this major economic shift.
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.
Smartphone Prices Crash as Naira Stabilises, Shipments Grow
Nigeria's smartphone market rebounds as naira stability lowers prices for iPhone, Samsung, Tecno, and others. Shipments rise, making Nigeria a bright spot in Africa's tech story. Read more.
Asian Markets Sink on AI Bubble Fears, Tracking Wall Street
Asian markets dropped Thursday, mirroring a Wall Street sell-off fueled by fears of an AI investment bubble. Tech giants tumbled as oil prices rose amid Venezuela tensions. Get the latest market analysis.
Fuel Prices Fall Nationwide After Dangote Refinery Rate Cut
Nigerians witness a sharp drop in petrol prices after Dangote Refinery slashed its ex-depot rate. MRS leads with N739/litre in Lagos, while other cities adjust. Read the latest market updates.
Asian Markets Drift, Oil Up on Venezuela Blockade
Asian equities showed mixed performance as US jobs data failed to boost rate cut expectations. Oil prices surged over 1% after Trump ordered a blockade of Venezuelan tankers. Get the latest market analysis.
FIFA adds $60 tickets for 2026 World Cup after backlash
FIFA introduces $60 'Supporter Entry Tier' tickets for 2026 World Cup after fan groups decried 'extortionate' prices. Tickets reserved for qualified teams' fans. Read details.
Laura Ikeji Kanu Calls Out Greedy Price Hikes for Detty December
Beauty entrepreneur Laura Ikeji Kanu condemns the outrageous price surge for services like hair braiding in December, calling it exploitation of Nigerians abroad. Read her full outburst.
Senate Moves to Shield Farmers from Price Collapse
The Nigerian Senate has urged the government to subsidise fertilisers and revive commodity boards to stabilise markets and protect farmers' livelihoods. Read the full story.
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.
Steve Clarke Warns Fans Over 2026 World Cup Ticket Debt
Scotland manager Steve Clarke urges Tartan Army supporters not to incur debt for expensive 2026 FIFA World Cup tickets in the USA. Prices for three group games start at £500.
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