Food Crisis: Cost of healthy diet rises further — NBS Report
By Elizabeth Adegbesan Despite the moderation in inflation rate reported by the National Bureau of Statistics, NBS, the financial burden of feeding on Nigerian households may have intensified as the national average Cost of a Healthy Diet (CoHD) climbed to N1,541 per adult per in March 2026, about 4.4 per cent up from N1,477 in March […]
IFAD to boost discussions at 2026 Vanguard Economic Discourse
By Emeka Anaeto, Business Editor World’s leading agricultural sector funding agency, the International Fund for Agriculture Development (IFAD) , an arm of the United Nations, is set to boost discussions on Nigeria’s agric and food sector at the upcoming 2026 Vanguard Economic Discourse. The 2026 edition of the Vanguard Economic Discourse is scheduled to hold next […]
Nigeria’s inflation rate rise to 15.38% after 11 months decline
•As CPPE cautions against monetary policy tightening By Yinka Kolawole & Elizabeth Adegbesan The National Bureau of Statistics, NBS, yesterday, said the country’s headline inflation rate recorded the first increase in 12 months to 15.38 percent in March 2026 from 15.06 percent in February 2026. This indicates a halt in the downward trend recorded in the past […]
Naira rises to N1,393/$ in parallel market
The Naira on yesterday appreciated to N1,393 per dollar in the parallel market from N1,403 per dollar on Tuesday.
Inflation rate rises to 15.38% in March — NBS
The NBS said the increase reflects renewed pressure on consumer prices, with the month-on-month inflation rate jumping sharply to 4.18 per cent in March from 2.01 per cent in February, indicating a faster pace of price increases across the economy.
Global Shocks: Edun warns against subsidy return, seeks cheaper financing
•Says high borrowing costs choking developing economies •Urges Central Banks to balance monetary policy •Says Developing countries pay more in debt than they receive By Babajide Komolafe, Economy Editor Minister of Finance and Coordinating Minister of the Economy, Mr. Olawale Edun has warned against a return to subsidy regimes despite mounting global shocks, as he raised […]
