Category : Search result: food price stability


Nigeria's Import Index Rises 0.16% in Q3 2025

Nigeria's import price index increased by 0.16% in Q3 2025, driven by higher costs for building materials and footwear. The NBS report reveals a slight decline in the terms of trade. Read the full analysis.

Nigerian Lady Calls for Bride Price Ban, Sparks Debate

A Nigerian woman's viral TikTok video demanding the abolition of bride price has ignited fierce online debate. She argues the tradition promotes ownership and financial exploitation. Read the full story and reactions.

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.

Fuel Price War Deepens as Marketers Undercut Dangote

A fierce petrol price war is reshaping Nigeria's fuel market as independent marketers slash prices below Dangote's N739 rate. Discover how this battle for customers is impacting motorists and the industry's future.

Tax Misinterpretation Fuels Price Hikes in Nigeria

Nigeria's new tax reforms trigger market chaos as traders exploit confusion, imposing arbitrary price increases. Experts warn of gaps and unintended consequences. Read the full analysis.

MRS Displaces NNPC as Nigeria's Cheapest Petrol Seller

MRS Oil Nigeria, backed by Dangote Refinery, now sells petrol at N739/litre, undercutting NNPC's prices. This marks a major shift in Nigeria's downstream fuel market dominance. Discover the new pricing landscape.

CBN Predicts N950 Fuel Price for 2026

The Central Bank of Nigeria projects petrol prices will hover around N950 per litre in 2026, based on oil prices and forex. This is higher than current rates set by Dangote Refinery. Read the full analysis.

Kaduna Farmers Seek FG Help Over N10.16bn Loss

Over 2,143 Kaduna grain farmers appeal to the Federal Government for subsidised inputs after a devastating N10.16 billion loss in 2025. Read their urgent plea to avert a food security crisis.

Venezuela Crisis Puts Nigeria's N58tr Budget at Risk

Geopolitical shifts in Venezuela could crash oil prices, threatening Nigeria's N58.18 trillion 2026 spending plan and naira stability. Experts warn of a potential $10.24 billion revenue shortfall.

Man reports MRS station selling fuel above N739 to Dangote

A Nigerian man has exposed an MRS filling station in Kebbi State selling petrol at N850 per litre, defying Dangote's N739 price directive. He reported the incident directly to Dangote Group, urging immediate action. Read the full story and public reaction

Nigerians Confirm N739 Fuel Price at MRS Stations

Several Nigerians have confirmed purchasing petrol at the new N739 per litre price announced by Dangote Refinery. Reports from Lagos stations verify the reduction, offering relief amid high costs.

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