Category : Search result: food inflation


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.

MTN Pays Grocery Bills for Lagos Shoppers in Surprise Move

MTN Nigeria surprised Lagos shoppers by settling their grocery bills at Jendol Superstore. This gesture offers temporary relief as food inflation strains household budgets. Read how this corporate intervention impacted Nigerians.

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.

Yishawu's 50% Discount Food Market Eases Lagos Burden

Lagos lawmaker Gbolahan Yishawu launches a 50% discount food market in Eti-Osa, providing subsidized staples to over 10,000 residents for Christmas. Read how this initiative is easing economic pressure.

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.

Bank of England Cuts Interest Rate to 3.75%

The Bank of England has cut its key interest rate to 3.75% after UK inflation eased faster than expected. Governor Andrew Bailey confirmed the move, marking the sixth reduction since August 2024. Read more for the full analysis.

ECB holds rates steady at 2% as inflation cools

The European Central Bank keeps its key deposit rate at 2% for the fourth consecutive meeting. Analysts scrutinise Lagarde's comments for clues on future monetary policy amid uncertain inflation outlook. Read more.

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.

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.

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