food inflation

The Digest: A Nigerian man, @jarsy_scott, has shared a heartbreaking scene from Ile Epo Market in Lagos, where yams are now being cut into small pieces and sold for ₦500 because many people can no longer afford a full tuber. In a viral post, he wrote: "I saw something that moved me to tears...

The Digest: Lagos traders and shoppers are lamenting rising food prices driven by high fuel costs, with many families scaling down Easter celebrations. Baba Loja General Abiodun Kosoko of Agbado Oke-Odo LCDA said transport expenses are squeezing traders and deepening hardship. A bag of rice...

The Digest: The Central Bank of Nigeria has projected that the country's headline inflation will moderate to an average of 12.94% in 2026, driven by expected declines in the prices of fuel and food. The outlook, part of the bank's macroeconomic forecast, also anticipates economic growth of...

The Digest: The National Bureau of Statistics has reported significant year-on-year decreases in the prices of essential food items like beans, garri, and maize, though some proteins like beef continue to show sharp increases. The data for September 2025 reveals a complex economic picture...

According to the Minister of Information and National Orientation, Alhaji Mohammed Idris Malagi, food prices in Nigeria are dropping gradually, thanks to President Bola Tinubu's strategic policies. While specifics on the policies were not given, the government is committed to improving food...