Nigeria’s inflation eases to 15.10%
Nigeria’s inflation rate eased to 15.10 percent in January 2026, down slightly from 15.15 percent recorded in December 2025, according to the latest Consumer Price Index (CPI) report released by the National Bureau of Statistics. This reflects a small but notable decrease in the rate at which prices are rising across the country. The report […]
Set up National Framework to stabilise food prices — CPPE tells Nigerian Govt
The Centre for the Promotion of Private Enterprise (CPPE) has advised the Federal Government to urgently establish a National Farm Price Stabilisation and Farmer Income Protection Framework to tackle rising food prices and strengthen food security in Nigeria. The group says unstable prices, weak market systems, and policy uncertainty are hurting farmers and discouraging long-term […]
Nigeria’s inflation eases to 14.45% despite rising food prices
Nigeria’s inflation rate has eased to 14.45 percent, offering a small relief to households and businesses struggling with high living costs. The latest figure shows a slowdown in overall price increases compared to previous months, even though food prices continue to rise across many parts of the country. Experts say the decline suggests that price […]
Why Nigerians are not feeling inflation drop – Economists
Economists have explained why many Nigerians are not experiencing any real relief despite recent reports showing a slight drop in the country’s inflation rate. According to experts, the decline is mostly “statistical,” meaning it does not translate into immediate price reductions in the market. They noted that the cost of food, transportation, electricity, and rent […]
Nigerians, business owners in squeeze amid fourth inflation decline
Nigeria’s inflation rate has dropped for the fourth month in a row, but the reality for citizens and business owners has not improved. Daily life remains tough as food, fuel, and transport prices continue to rise despite the official numbers showing progress. According to INFOLAND, inflation eased to 21.88 percent in July from 22.22 percent […]
Food prices remain high despite fourth inflation decline – CPPE
The Centre for the Promotion of Private Enterprise (CPPE) has expressed concern that food prices in Nigeria remain high even though inflation has dropped again. Figures from the National Bureau of Statistics show that headline inflation fell to 21.88 percent in July 2025, compared to 22.22 percent in June. This is the fourth straight decline, […]
Hardship: Your pains’ll soon be over, we know you’re suffering – Tinubu govt to Nigerians
The Nigerian government has told citizens that the difficult situation in the country won’t last much longer. This message came from the Minister of Information and National Orientation, Mohammed Idris, during an interview on Channels Television. The Minister explained some of the efforts made by the Tinubu administration. He mentioned that over 900,000 people have […]
Hardship: Nigeria’s inflation drops signal economic recovery – CPPE, Economists
Nigeria’s inflation rate has dropped for the second time in a row, leading some economists to believe the country’s economy is starting to recover. According to the National Bureau of Statistics (NBS), inflation fell to 23.18% in February 2025, down from 24.48% in January. Food inflation also declined from 26.08% to 23.51%. Despite this positive […]
Hardship: Why we don’t regulate food prices – Nigerian govt
The Nigerian government has explained why it is not considering fixing food prices despite the rising cost of food in the country. According to the Minister of Information and National Orientation, Mohammed Idris, the government believes in a free market system that encourages entrepreneurship, especially in agriculture. During the first ministerial briefing for 2025 in […]
Tinubu announces new company to bring down food, drug prices
In his New Year message, President Bola Tinubu revealed plans to create a new company focused on reducing the cost of food and promoting the local production of essential medicines and medical supplies in Nigeria. This initiative aims to address the rising cost of living and improve access to affordable healthcare products for Nigerians. The […]