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Does Nigeria’s declining inflation rate reflect reality?

In January 2025, Nigeria's headline inflation rate was 24.48%, a significant drop from 34.80% in December 2024, according to the National Bureau of Statistics...

Nigeria’s Agricultural Growth Plummets to Five-Year Low, Threatening Food Security

New in Brief: - Nigeria's agricultural sector reached a five-year low growth of 1.76% in 2024, driven by climate change, funding shortages, and insecurity. -...

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...

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