AfDB Forecasts Food Price, Energy Hikes In Nigeria
The President of the African Development Bank Group (AfDB) Dr Akinwumi Adesina, has said that the costs of fertilizer, rising energy prices, and rising costs of food baskets, could worsen in Africa in the coming months.
He said...
Prices Of Rice, Other Food Items To Crash Soon - Buhari
President Muhammadu Buhari has assured Nigerians that prices of food items, especially rice will soon come down.
The president, who gave the assurance yesterday, during the official unveiling of the Central Bank of Nigeria (CBN)/Rice...
Rising Food Prices Fuelling Inflation In Nigeria, Others – IMF
The International Monetary Fund says rising food prices is the major factor fuelling inflation in Nigeria and other Sub-Saharan African countries.
According to the body, inflation is rising around the world, but because food accounts for...
Food Prices Rose In April Despite Fall In Inflation
The prices paid by consumers for rice, egg, tomatoes and yam rose in April despite 0.91 month-on-month (MoM) fall in food inflation sub-index during the period.
Similarly, transport fare for bus, air, motorcycle and waterway journeys increased...
Prices Of Rice, Others Rose In March — NBS
The National Bureau of statistics , NBS, said the prices paid by consumers for rice, eggs, tomato and yam rose in March.
This corresponds with the Bureau’s March inflation report which stated that the composite food index...
Food Inflation Rises By 20.6% As Price Increases Persist
Increases in the prices of basic food items continued for the 17th consecutive month, prompting the Food inflation to hit 20.6 per cent in January, the highest since September 2019.
Consequently, the nation’s annual inflation rate also...
