Quadri Yahya After waiting for hours at a UBA branch in the Iwo road area of Ibadan, the capital city of Oyo State, a bank official would announce to the waiting customers that cash was Read More
Tags :Food inflation
The National Bureau of Statistics has said that prices of selected food items in September 2022 increased. This was contained in the NBS Selected Food Prices Watch Report for September 2022. The report said that the average Read More
Nigeria’s inflation rate has risen by 0.92 basis points to 20.52 percent in August 2022, from 19.6 percent in July. This is the highest record since October 2005 and it represents the seventh consecutive monthly rise in Headline inflation Read More
Data from the National Bureau of Statistics has revealed that the prices of selected food items increased in July 2022. This was made in its Selected Food Prices Watch Report for July 2022. NBS stated that the Read More
A study by Boston Consulting Group, a global management consulting firm, has shown that about 45 countries around the world are severely exposed to the Ukraine war-induced food crisis. BCG, in a report titled, ‘The war Read More
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The National Bureau of Statistics has published that the consumer price index for April 2022 increased to 16.82 percent on a year-on-year basis. The recent figures are 1.3 percent points lower compared to the rate recorded in Read More
According to a latest report by SBM Intelligence, continuous insecurity challenges, sit-at-home order and recent hike in fuel are major indicators that increased the prices of foodstuffs in the first quarter of 2022. The report, titled ”Read More
A new data by the Federal Government in partnership with the Food and Agriculture Organisation of the United Nations, World Food Programme, Action Against Hunger, among others, has revealed that Lagos State has the highest Read More
Nigeria’s inflation rate has risen to 15.36 percent in December 2021, from 15.50 percent recorded in November 2021 after eight months of consistent decline. The Statistician-General of the Federation, Simon Harry, disclosed this during a press briefing at Read More
The Central Bank of Nigeria disclosed that from January to September 2021, the Federal Government has spent $1.68bn on food importation. In the report on sectoral utilization of foreign exchange for the third quarter of 2021, the Read More
