Nigeria’s headline inflation rate fell slightly to 15.1 per cent in January 2026 from 15.15 per cent in December 2025, according to the National Bureau of Statistics (NBS). In its Consumer Price Index (CPI) report released on Monday, the agency said inflation declined by 0.05 percentage points compared to December. On a year-on-year basis, inflation …
As the world marks World Food Day 2025 under the theme “Hand in Hand for Better Foods and a Better Future,” Nigeria faces a stark reality. Once renowned for its rich culinary heritage and fertile farmlands, the nation now grapples with import dependency, ultra-processed diets, rising food inflation, and fragile agricultural systems. This is more …
The World Bank has said that the persisting hike in food prices is undermining the significant progress the Nigerian government has made to stabilise the country’s economy through its recent policy reforms, urging the authorities to do more to improve living standards and tackle soaring food prices. It pointed at this in its latest report, …
