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Cooking Oil

Vegetable oil, palm oil, and groundnut oil prices

Groundnut Giant, Short on Oil

Groundnut Giant, Short on Oil

Nigeria is Africa's largest groundnut producer, home to the fabled Kano pyramids, yet it still struggles to meet its own demand for groundnut oil. Output …

1mo ago · Isaac Oludu Innocent
Cooking Oil Hits a Four-Year High

Cooking Oil Hits a Four-Year High

Global vegetable oil prices have climbed to their highest in four years, pushed up by booming demand for biofuel and tight Black Sea supplies. For …

1mo ago · Elijah Omojola
Cooking Oil Hits a Four-Year High

Cooking Oil Hits a Four-Year High

Global vegetable oil prices have climbed to their highest level in four years as biofuel demand competes with food for palm, soy, sunflower and rapeseed …

1mo ago · Elijah Omojola
Oshodi Market Cooking Oil Jumps 54.2 Percent as Kings 5L Reaches N18,500 From N12,000

Oshodi Market Cooking Oil Jumps 54.2 Percent as Kings 5L Reaches N18,500 From N12,000

A 5 litre bottle of Kings Vegetable Oil rose from N12,000 in the week of January 12 to N18,500 by the week of April 13 …

1mo ago · Isaac Oludu Innocent
Indonesia's Fuel Bet Lifts Palm Oil

Indonesia's Fuel Bet Lifts Palm Oil

Palm oil prices are climbing as Indonesia, the world's top exporter, burns more of its crop as biodiesel. With a higher blend planned and a …

1mo ago · Elijah Omojola

Oshodi Market Cooking Oil Jumps 54.2% to N18,500 as Rice and Beans Ease

A 5 litre bottle of Kings vegetable oil at Oshodi Market rose from N12,000 in mid January to N18,500 by the week of April 13, …

1mo ago · Elijah Omojola
Mushin Rice Bag Falls to N54,000 by Mid March as Import Duty Cut Drives Local Prices Down

Mushin Rice Bag Falls to N54,000 by Mid March as Import Duty Cut Drives Local Prices Down

A 50-kilogram bag of Nigerian manufactured rice at Mushin Market dropped from N75,000 in the week of January 26 to N54,000 by the week of …

1mo ago · Elijah Omojola
Lekki-Jakande Cooking Oil Stays Flat for Months With Power Oil 25 Litres at N68,000

Lekki-Jakande Cooking Oil Stays Flat for Months With Power Oil 25 Litres at N68,000

Power oil prices at Lekki-Jakande Market held without moving from January through March 2026, with a 25 litre tin at N68,000, a 5 litre at …

1mo ago · Elijah Omojola
Ajah Market Cooking Oil Spans N12,000 to N55,000 as Beef Edges Up to N8,000 a Kilo

Ajah Market Cooking Oil Spans N12,000 to N55,000 as Beef Edges Up to N8,000 a Kilo

Cooking oil at Ajah Market ran from N12,000 for 5 litres of palm oil to N55,000 for a 25 litre tin by March, while a …

1mo ago · Elijah Omojola
Lekki-Jakande Cooking Oil Holds Firm With Power Oil Steady at N68,000 for 25 Litres

Lekki-Jakande Cooking Oil Holds Firm With Power Oil Steady at N68,000 for 25 Litres

Cooking oil at Lekki-Jakande Market barely moved through the first quarter, with Power Oil holding at N68,000 for 25 litres, N33,000 for 10 litres and …

1mo ago · Elijah Omojola
Ajah Market Palm Oil Doubles to N4,000 a Litre in a Week as Bulk Tins Near N55,000

Ajah Market Palm Oil Doubles to N4,000 a Litre in a Week as Bulk Tins Near N55,000

A 1 litre bottle of Active palm oil at Ajah Market jumped from N2,000 to N4,000 between the weeks of January 19 and January 26, …

1mo ago · Elijah Omojola
Ajah Market Cooking Oil Holds Near N18,000 a Tin as June Brings Smaller Palm Packs

Ajah Market Cooking Oil Holds Near N18,000 a Tin as June Brings Smaller Palm Packs

A 5 litre tin of Kings vegetable oil at Ajah Market was captured at N18,000 in early February, while bulk local palm and groundnut oil …

2mo ago · Elijah Omojola
Kings Vegetable Oil Jumps to N18,500 for 5 Litres at Oshodi as Local Palm Oil Eases at Mile 12

Kings Vegetable Oil Jumps to N18,500 for 5 Litres at Oshodi as Local Palm Oil Eases at Mile 12

Kings Vegetable Oil Jumps to N18,500 for 5 Litres at Oshodi as Local Palm Oil Eases at Mile 12

2mo ago · Elijah Omojola
Olam Agri Opens $50 Million Soybean Plant in Kwara, Launches Mama’s Pride Soya Oil Nationwide

Olam Agri Opens $50 Million Soybean Plant in Kwara, Launches Mama’s Pride Soya Oil Nationwide

Olam Agri has commissioned the largest soybean crushing plant in sub-Saharan Africa in Ilorin, Kwara State, and simultaneously launched a new cooking oil brand, Mama’s …

3mo ago · Isaac Oludu Innocent
EXCLUSIVE: How ₦10,000 Can Cook 15 Different Nigerian Meals — Complete Budget Guide with Per-Serving Costs

EXCLUSIVE: How ₦10,000 Can Cook 15 Different Nigerian Meals — Complete Budget Guide with Per-Serving Costs

With ₦10,000 at Epe Main Market, families can prepare 15 complete meals ranging from ₦200 per serving (Eba) to ₦1,365 (Jollof Rice). Strategic meal planning …

6mo ago · Micheal Omojola
EXCLUSIVE: Egusi Soup Now Costs ₦9,945 For 6 Servings — ₦1,658 Per Plate Across Lagos Markets

EXCLUSIVE: Egusi Soup Now Costs ₦9,945 For 6 Servings — ₦1,658 Per Plate Across Lagos Markets

Cooking Nigeria's beloved Egusi soup for a family of six now costs ₦9,945 at Mile 12 Market — that's ₦1,658 per serving. Market choice alone …

6mo ago · Micheal Omojola
EXCLUSIVE: Jollof Rice Now Costs ₦9,710 for Family of 6 — That's ₦1,618 Per Plate in Lagos

EXCLUSIVE: Jollof Rice Now Costs ₦9,710 for Family of 6 — That's ₦1,618 Per Plate in Lagos

Cooking Nigeria's iconic Jollof Rice for 6 people costs ₦9,710 at Oyingbo Market — ₦1,618 per serving. Rice accounts for 31% of total cost at …

6mo ago · Micheal Omojola