food inflation

Africa’s biggest economy is facing the highest rates of inflation since October 2005, with households suffering the biggest hit to their income. Food inflation is at a 14-month high,…

Vegetable oil, palm oil, eggs, bread, and wheat flour have been identified to be the current major drivers of the steadily increasing food inflation rate. Though global commodity prices…

The alarm raised by the National Bureau of Statistics (NBS) in July, 2022 that Nigeria’s inflation rate soared to 19.64 percent, the highest in 17 years-since September 2005-should be a…

Nigeria’s food inflation could worsen in the coming months as insecurity forces farmers away from farmlands where they should be gathering ripened crops till the end of next month. The…

Bread, akara (baked beans), indomie, egg and tea are favourite for breakfast for most Nigerians. But the country's surging prices have made these food items less accessible for many…