inflation

  1. Rising Food Prices: Onions Up 30%, Pepper 16.67% in Lagos Markets

    Nigeria Rising Food Prices: Onions Up 30%, Pepper 16.67% in Lagos Markets

    The Digest: Food prices have surged in Lagos markets in July 2025, with onions, rice, and pepper seeing significant increases. The latest Nairametrics Food Price Survey highlights the factors driving inflation, including logistics, supply chain disruptions, and seasonal factors. Key Points...
  2. Nigeria's June Inflation Eases to 22.22%: Key Economic Shift

    Nigeria Nigeria's June Inflation Eases to 22.22%: Key Economic Shift

    The Digest: Nigeria's inflation rate eased to 22.22% in June 2025, down from 22.97% in May. This improvement signals a shift toward more stable economic conditions despite ongoing challenges in food inflation and broader price increases. Key Points: Headline Inflation: Eased to 22.22% from...
  3. Numbers Hide Hunger: Nigeria's Inflation Drops to 22.97% While Food Costs Climb

    Nigeria Numbers Hide Hunger: Nigeria's Inflation Drops to 22.97% While Food Costs Climb

    Nigeria's inflation rate decreased to 22.97% in May 2025, down 0.74% from April's 23.71%, marking the first significant decline after sustained price surges. However, monthly food prices increased 0.13% despite annual food inflation dropping to 21.14%, creating mixed economic signals for...
  4. Love Has a Price Tag: Nigerians Abandon Pets as Inflation Bites Deeper

    Nigeria Love Has a Price Tag: Nigerians Abandon Pets as Inflation Bites Deeper

    The bond between humans and animals faces an economic breaking point in Nigeria. BBC reports that cash-strapped pet owners are surrendering beloved companions to shelters or abandoning them on the streets as living costs soar beyond reach. Preye Maxwell's heartbreaking decision to surrender his...
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