Food prices in Nigeria could decline by the next harvest season if governments at all levels strengthen security and take deliberate steps to reduce production costs for farmers, the All Farmers Association of Nigeria (AFAN) has said. Speaking on Tuesday in Lagos, the Deputy Chairman of AFAN, Lagos State Chapter, Mr Shakin Agbayewa, explained that …
The Centre for the Promotion of Private Enterprise (CPPE) has raised concerns over the credibility of recent changes to Nigeria’s Consumer Price Index (CPI) computation, warning that adjustments to the methodology may be weakening confidence in official inflation data. The Centre made this known in its policy brief on Nigeria’s December 2025 inflation released on …
Canada’s annual inflation rate remained at 2.2% in November, unchanged from October, Statistics Canada reported on Monday. The steady rate was primarily driven by rising food prices, which increased at their fastest pace in more than two years. A year-on-year drop in gasoline and shelter costs partially offset the food price surge. November marked the …
Nigeria’s headline inflation eased to 16.05 per cent in October relative to 18.02 per cent in September 2025, according to the latest report by the National Bureau of Statistics (NBS). The statistics office disclosed this in its monthly Consumer Price Index (CPI) report released on Monday, November 17. This is the seventh consecutive time headline …
Nigeria's headline inflation is expected to decline further to 16.4 per cent owing to falling prices of foodstuffs and naira appreciation, according to research by United Capital. The pan-African financial services institution made the forecast in a report it released on Wednesday, November 5. "Nigeria’s headline inflation rate will drop to 16.30% in October 2025, …
As Nigeria celebrated its 65th Independence anniversary on Wednesday, parades, fireworks, and official speeches hailing signs of economic recovery, but residents of the FCT insist the numbers do not reflect their everyday struggles The National Bureau of Statistics (NBS) reported that headline inflation had “slowed modestly”, with food inflation showing its first signs of easing …
