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Soaring Food Prices Force WFP To Pause Local Purchases In Nigeria

News in Brief: - The World Food Programme (WFP) has temporarily stopped buying food in Nigeria due to skyrocketing prices, impacting its ability to...

Nigerian Government To Release Additional 60,000 MT Of Food Grains To Stabilise Prices

News in Brief: - To combat rising food prices and ensure availability, the Nigerian government plans to release an additional 60,000 metric tonnes of...

Nigeria To Create National Commodity Board To Regulate Food Prices

News in Brief: - Nigeria plans to create a national commodity board to regulate food prices and stabilise grain prices in a bid to...

Green Sahara Farms CEO Urges FG To Intervene To Curb Soaring Food Prices

News in brief: - A Nigerian agribusiness executive has urged the federal government for urgent intervention to address the country's soaring agricultural commodity prices amid...

Nigerian Inflation Bites As Food Prices Soar, Transport Fares Fluctuate

News in brief: - The NBS reports significant year-on-year increases in food prices in Nigeria, with onions leading at 122.9%, while transport fares show mixed...

Abeokuta Fish Sellers Protest Almost 100% Hike In Food Prices

News in brief: Fish sellers in Abeokuta protested against a 100% increase in fish prices, urging the government to intervene and regulate cold room...

Nigeria’s Inflation Rate Rises to 26.72% In September, Highest Since 2005

Nigeria's inflation rate reached 26.72% in September 2023, the highest since 2005, mainly driven by surging food prices and more.

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