By Jemimah Wellington, JKNewsMedia Correspondent ACROSS NIGERIA, the cost of staple foods shifted in September 2025, with beans, garri, maize, and tomatoes declining, while local rice and boneless beef registered modest increases, the National Bureau of Statistics (NBS) reported. The NBS stated this in its Selected Food Prices Watch report fo...
THE NATIONAL Bureau of Statistics (NBS) has revealed that Nigeria’s inflation rate surged to 34.60% in November 2024, up from 33.88% recorded in October. This 0.72% increase marks a concerning upward trend, with inflation now 6.40% higher than the 28.20% recorded in November 2023. The NBS Consumer Price Index (CPI) report highlighted a sharp r...
By Jemimah Wellington, JKNewsMedia Reporter NIGERIA’s HEADLINE inflation rate surged to 33.88% in October 2024, up from 32.7% in September, reflecting a 1.18 percentage point increase month-on-month. The National Bureau of Statistics (NBS) in its latest Consumer Price Index (CPI) report attributed the rise to higher transportation costs and in...
By Jemimah Wellington, JKNewsMedia Reporter PRESIDENT BOLA Tinubu’s Special Adviser on Information and Strategy, Bayo Onanuga, announced a significant decline in food prices. Onanuga pointed to a noticeable reduction in the costs of yam and tomatoes, reflecting a positive trend in food inflation. He shared the information on X, highlight...
By Joke Kujenya THE latest findings from the March 2024 edition of the National Bureau of Statistics Selected Food Price Watch have revealed staggering increases in the prices of essential food items across Nigeria. According to the report, the average price of 1kg of locally sold loose rice surged to N1,349.74, marking a significant 152.93% [...
