Nigeria Inflation News – Page 2 of 8

News

Nigerian Govt’s Suspension Of Taxes On Food Imports Will Stabilise Prices – NACCIMA

The Nigerian Association of Chambers of Commerce, Industry, Mines, and Agriculture (NACCIMA), has commended the decision of the Nigerian government to suspend taxes on the importation of key food commodities, noting that

Victor Ezeja

July 9, 2024

Business·News

Food Inflation Crisis: Nigerian Govt Approves N2trn Package, Suspends Duty On Rice, Wheat, Others

In response to the escalating food inflation crisis, the Federal Government has approved an intervention plan to stabilise and advance the country’s food security. Minister of Agriculture and Food Security, Abubakar Kyari,

Emmanuel Ochayi

July 9, 2024

High Food, Drug Costs, Push Nigerians Into Healthcare Dilemma

Business·News

More Than 82 Million Nigerians Will Face Severe Hunger By 2030, UN Warns

UN Predicts Hunger Crisis The United Nations has issued a warning that by 2030, approximately 82 million Nigerians, or 64% of the population, may face severe hunger. This alarming prediction highlights the

Emmanuel Ochayi

July 7, 2024

Business·News

Nigeria’s Food Crisis: Corruption, Mismanagement To Blame?

Corruption and Inefficiency: Root Causes of Nigeria’sFood Crisis In Nigeria, the daily struggle for survival is intensifying as Nigeria’s food crisis keeps rising. The cost of food is skyrocketing, with food inflation

Emmanuel Ochayi

July 4, 2024

Naira Ends Week With N30 Gain In Black Market: Hope For Naira?

Business·News

Inflation: Nigerian Money Supply Hits N99trn, Sparks Economic Worries

Nigerian Money Supply Reaches Record High In May 2024, Nigeria’s money supply (M3) hit an unprecedented high of N99.23 trillion, raising concerns about the naira’s stability and ongoing inflation. According to the

Emmanuel Ochayi

July 3, 2024

Nigerians Spend N16.5trn On Diesel, Petrol, Generators For Self-Generated Power In 2023- Report

Business·News

Nigerians Spend N16.5trn On Diesel, Petrol, Generators For Self-Generated Power- Report

Informal Power Spending Soars In 2023 alone, Nigerians spent N16.5 trillion on diesel, petrol, and generators to meet their electricity needs. This figure dwarfs the N1 trillion revenue generated by the formal

Emmanuel Ochayi

July 3, 2024

Business·News

Nigerians Demand Answers As Prices Of Garri, Rice, Beans Rise By Over 30%

Food Prices Surge Amid Economic Challenges The National Bureau of Statistics (NBS) has reported an increase in the prices of essential food items in Nigeria, for May. The price hikes have worsened

Emmanuel Ochayi

June 24, 2024

Business·News

Nigeria’s Inflation Crisis: Economy On The Brink Of Collapse?

High Inflation Strains Nigerian Wallets In May 2024, Nigeria’s inflation rate surged to a 28-year high of 33.95%, driven by soaring food prices. The National Bureau of Statistics (NBS) reported that food

Emmanuel Ochayi

June 19, 2024

Business·News

Food Inflation In Nigeria Hits 40.66%, Deepening Economic Woes

Food inflation in Nigeria has surged to 40.66% in May, 2024, making it increasingly difficult for Nigerians to afford basic meals. Prime Business Africa reports a notable rise in food prices, indicating

Emmanuel Ochayi

June 17, 2024

Petrol Landing Cost Price Now At N1,117/litre, MEMAN Reveals

Business·News·Oil & Gas

Petrol Importation Cost Rise By 31.4% Amid Reduced Consumption In Nigeria

Nigeria’s spending on petrol importation has increased, despite a substantial drop in the country’s consumption rate. Reports from the Nigeria Bureau of Statistics (NBS) reveal that N2.63 trillion was spent on importing

Emmanuel Ochayi

June 13, 2024

Cookie	Duration	Description
cookielawinfo-checbox-analytics	11 months	This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Analytics".
cookielawinfo-checbox-functional	11 months	The cookie is set by GDPR cookie consent to record the user consent for the cookies in the category "Functional".
cookielawinfo-checbox-others	11 months	This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Other.
cookielawinfo-checkbox-necessary	11 months	This cookie is set by GDPR Cookie Consent plugin. The cookies is used to store the user consent for the cookies in the category "Necessary".
cookielawinfo-checkbox-performance	11 months	This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Performance".
viewed_cookie_policy	11 months	The cookie is set by the GDPR Cookie Consent plugin and is used to store whether or not user has consented to the use of cookies. It does not store any personal data.

Nigeria Inflation News - Page 2

Nigerian Govt’s Suspension Of Taxes On Food Imports Will Stabilise Prices – NACCIMA

Food Inflation Crisis: Nigerian Govt Approves N2trn Package, Suspends Duty On Rice, Wheat, Others

More Than 82 Million Nigerians Will Face Severe Hunger By 2030, UN Warns

Nigeria’s Food Crisis: Corruption, Mismanagement To Blame?

Inflation: Nigerian Money Supply Hits N99trn, Sparks Economic Worries

Nigerians Spend N16.5trn On Diesel, Petrol, Generators For Self-Generated Power- Report

Nigerians Demand Answers As Prices Of Garri, Rice, Beans Rise By Over 30%

Nigeria’s Inflation Crisis: Economy On The Brink Of Collapse?

Food Inflation In Nigeria Hits 40.66%, Deepening Economic Woes

Petrol Importation Cost Rise By 31.4% Amid Reduced Consumption In Nigeria

Featured Stories

Naira vs Dollar: What To Expect This Week (31st March – 5th April 2025)

Fuel Subsidy: World Bank Must Allow Africa’s Poor Breathe [Editorial]

How Nigerian Govt’s Proposed Solar Panels Import Ban Threatens Renewable Energy Projects

What’s Next, As The Dust Settles On Rivers’ Emergency Rule?

Latest News

Semi-automated Offside Technology (SOAT) Set For EPL Debut April 12

Nobody Can Stop Me From Coming Home, Natasha Tells Jubilant Crowd In Kogi

Segun Olanrewaju: NBBofC Suspends All Professional Boxing Activities

Fire Rages Through Adamo, Ikorodu, Leaving Trail Of Destruction

APC Campaign Council

Categories

Suggestions

Nigeria Inflation News - Page 2

Follow Us

Featured Stories

Latest News

APC Campaign Council

Categories