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Exchange Rate

Latest news and analysis about Exchange Rate from FoodPrices.ng.

What ₦10,000 of Food Bought in 2020, and What It Buys Today

What ₦10,000 of Food Bought in 2020, and What It Buys Today

In 2020 a basket of rice, beans, garri and oil cost ₦5,111 in Lagos, so ₦10,000 bought nearly two of them. That same basket now …

1mo ago · Micheal Omojola
Nigeria's Food Prices Rose 907% in Naira Since 2015 but Fell in Dollars

Nigeria's Food Prices Rose 907% in Naira Since 2015 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 …

1mo ago · Micheal Omojola