Food prices

Nigerians are being pinched by rising food prices where it hurts the most: Rice, the main ingredient for making jollof, a popular delicacy in many Nigerian homes, jumped 61% in September. A kilogram of the local variety of the ingredient…

Food prices in South Africa are on a tear yet again, underscoring central bank Governor Lesetja Kganyago’s resolve to keep monetary policy tight for longer. The cost of a basket of goods in Bloomberg’s South African Shisa Nyama Index,…

World food prices declined for the 12th consecutive month in March, the United Nations Food and Agriculture Organisation reported on Friday. It said that it was the first time the index had fallen for a full year. FAO’s broad Food Price…

Prices of food items have gone up again according to the National Bureau of Statistics (NBS). Latest report of the National Bureau of Statistics (NBS) reveals increase in the average price of some selected food items including the white…

As Nigeria faces other macroeconomic challenges including its weak currency which pressure up cost of living, the country’s headline inflation has jumped to a 17-year high. Monday's report by the National Bureau of Statistics…

The consumer price index, which measures inflation, stood at 11.28% in September from 11.28% recorded in August on a year-on-year basis, data from the National Bureau of Statistics have shown. Going by the inflation report released by…

World food prices fell 3.7 percent in July from the month before with declines seen across all crop types, the United Nations food agency said on Thursday. The Food and Agriculture Organisation (FAO) said in Rome that the drop was the…

Prices of local rice and other foodstuffs have dropped by about 25 per cent in Maiduguri, Borno state, according to a survey by the News Agency of Nigeria (NAN). A check by NAN at Gamboru and Customs Area markets in Maiduguri…