CBN
Central Bank of Nigeria monetary policy and forex
Did Nigeria's Local Rice Policy Work?
Imported rice cost 6% more than local rice in 2015. By 2026 it cost 62% more, and in dollars local rice fell 29% while imported …
Nigeria's Food Prices Rose 907% in Naira but Fell in Dollars
World Food Programme data for 2015 to 2026 shows yam up 907% in naira but just 45% in dollars, and for eight of thirteen staples …
Lagos Food Prices Split as Fuel Costs Jump and Naira Holds: Yam Falls 9.6%, Garri Climbs 4.2%
The Ministry of Agriculture and Food Systems' latest Lagos market survey shows a food basket pulling apart along a clear line. Imported rice fell in …
Garri (White) Leads Lagos Price Increases, Mean Rises 4.2% as Food Inflation Outpaces Headline
A paint of Garri (White) posted the largest mean price increase in this week's Ministry market survey, climbing 4.2% to ₦1,320, in line with a …
Garri (White) Leads Lagos Price Increases, Mean Rises 4.2% as Food Inflation Outpaces Headline
A paint of Garri (White) posted the largest mean price increase in this week's Ministry market survey, climbing 4.2% to ₦1,320, in line with a …
Lagos Food Prices This Week: Yam Falls 9.6% as a Stronger Naira Pushes Rice Down and Garri Climbs
The Ministry of Agriculture and Food Systems' latest Lagos market survey shows yam leading the week's declines with a 9.6% drop in its mean price, …
EXCLUSIVE: Nigeria's 33.1 Million Face Food Insecurity as CBN Projects ₦12.94% Inflation Drop by 2026
Food inflation plummets to 8.89% in January 2026 while UN warns 33.1 million Nigerians will face acute food insecurity during 2025 lean season, as African …
CBN Set to Decide on Interest Rates Next Week — Analysts Predict First Major Cut as Inflation Eases and 65% of Nigerians Demand Lower Rates
The Central Bank of Nigeria's 304th MPC meeting on February 23–24 could deliver a significant rate cut, with leading economist Bismarck Rewane predicting a 100bps …
The Central Bank of Nigeria forecasts headline inflation will ease to 12.94% in 2026, down from 21.26% in 2025, citing improved agricultural output, better security in food-producing regions, and declining fuel prices from Dangote Refinery competition.
The Central Bank of Nigeria forecasts headline inflation will ease to 12.94% in 2026, down from 21.26% in 2025, citing improved agricultural output, better security …