Tag
FOOD INFLATION
Food prices across major Lagos markets recorded a mixed but broadly easing trend in September 2026, with a larger share of staple food items posting month-on-month declines despite renewed increases in a number of key agricultural commodities.
Kenya’s annual inflation rate rose to 6.8% in September 2026, its highest level in a year, driven mainly by increases in the prices of food, transport, housing, electricity, gas and other fuels.
In this episode of Everyday Money Matters, host Olusegun Olugbenjo sits with Michael Akinsete, the Chief Marketing Officer...
Food prices in Abuja recorded mixed movements in September 2025, with some staples dropping significantly while others witnessed fresh increases.
The average retail price for refilling a 5kg cylinder of Liquefied Petroleum Gas (Cooking Gas) decreased by 22.32% on a month-on-month basis from N8,243.79 recorded in July 2025 to N6,404.02 in August 2025.
The Centre for the Promotion of Private Enterprise (CPPE) has welcomed the sustained moderation of Nigeria’s inflation rate but cautioned that consumer confidence remains fragile due to persistently high food prices and weak household purchasing power.
The Centre for the Promotion of Private Enterprise (CPPE) has released its commentary on Nigeria’s July 2025 inflation...
Nigeria’s headline inflation rate slowed slightly to 21.88% in July 2025, marking a modest retreat from the previous month’s figure of 22.15%, according to the latest data released by the National Bureau of Statistics (NBS).
The latest Nairametrics Food Price Survey, covering Mushin, Mile 12, Oyingbo, and Daleko markets, reveals that price decreases dominated the period, and this is attributable to seasonal harvests and improved supply.
As inflation remains a persistent threat across African economies, several central banks have been forced to adopt aggressive...
In this environment, any solution that can reduce food costs in Lagos while maintaining convenience is not just welcome—it’s necessary. That’s what makes Iyaloja Direct, a growing Lagos-based food distribution startup, worth paying attention to.
The National Bureau of Statistics (NBS) has reported a 28.98% rise in the average cost of farm produce...