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Nigeria’s Food Inflation Rate Declines Again In August 2024

News in brief: - Nigeria’s food inflation rate dropped to 37.52% in August 2024 due to reduced prices of yams and potatoes. - Despite the decline,...

Agriculture Contribution To Nigeria’s GDP Is Falling

News in brief: - Nigeria agricultural sector contributed less to its GDP in Q2 2024 than the corresponding period last year. - This declining contribution is...

Food Prices In Nigeria Rise Significantly In February 2024 — NBS

News in Brief: - A recent report by Nigeria's statistics office revealed significant food price increases in February 2024. - Staples like rice, beans, and...

Cost Of Healthy Eating Soars In Nigeria, Raising Concerns About Affordability

News in brief: - The cost of a healthy diet in Nigeria has surged 66% in a year, outpacing inflation and impacting Nigerians already struggling with...

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...

Nigeria’s Inflation Rate Soars To 18-Year High In November 2023, Fueling Hardship And Poverty

News in brief: - Nigeria inflation rate reached 28.20% in November 2023, the highest in nearly two decades, driven by soaring food prices. - Despite government...

Nigeria’s Food Inflation Surges To 31.52% In October 2023

News in brief: - Nigeria's food inflation rate surged to 31.52% in October 2023, up from 23.72% in the same month last year, with price...

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