SB Morgen (SBM) Intelligence, a geopolitical research firm, says food prices in Nigeria fell slightly in the third quarter (Q3) of 2025. However, the firm noted that the marginal decline has done little to ease the financial pressure on households, as insecurity and poor logistics continue to fuel the country’s food inflation. In its latest […]
The Minister of Finance, Budget and National Planning, Zainab Ahmed, has countered the claim by the presidency concerning the increase in food prices. Daily Times had reported that the presidency through Garba Shehu, had said that prices of food were on the decline. Shehu, made this assurance while speaking in a programme on Channels TV, […]
Benjamin Nworie writes that Dr. Emmanuel Onwe, the Ebonyi State Commissioner for Information and State Orientation, has taken the lead in driving the state government’s rice farming policy Over the years, farming has been the main business of Nigerians and the pride of the people. Nigeria is a great country through its massive agricultural potential. […]
Many Nigerians have not stopped to ask themselves why food prices have remained stable despite the devaluation of the naira. The naira now exchanges for about N200+ to a dollar, yet the price of rice, which used to be an imported Nigerian staple has remained stable, ditto for wheat and other imported food items. […]
The British economy is heading for a spell of deflation as official figures are expected to show that inflation dropped to 0.1% last month. Analysts expect the UK’s consumer price inflation figure for February to fall from 0.3% in January, driven by lower energy and food prices. Some economists think the monthly update from the […]