Naira
Latest news and analysis about Naira from FoodPrices.ng.
Rice Prices Slide Through 2026
The price of rice in Nigeria has fallen steadily this year. A 50kg bag of imported long-grain rice dropped from ₦70,000 in January to ₦55,000 …
Nigeria's Food Import Bill Tops ₦3.3 Trillion
Nigeria spent ₦3.30 trillion on food and beverage imports in the first half of 2026, new trade data show. The bill dipped slightly from a …
Imported Rice (Long Grain, 25kg Bag) Falls 3.8% in Lagos as Tariff Cut and Stable Naira Feed Through
A 25kg bag of Imported Rice (Long Grain) recorded a mean price decline of 3.8% in this week's Ministry market survey, as a July import …
Imported Rice (Long Grain, 25kg Bag) Falls 3.8% in Lagos as Naira Strengthens and Tariff Cut Bites
A 25kg bag of Imported Rice (Long Grain) recorded a mean price decline of 3.8% in this week's Ministry market survey, as a stronger naira …
Fuel Up, Naira Up: Why Lagos Rice Fell and Garri Rose in the Same Week
The Ministry of Agriculture and Food Systems' latest Lagos market survey shows yam leading the week's declines with a 9.6% drop while garri posted the …
Lagos Food Prices This Week: Yam Falls 9.6% as Rice Slides, Garri Climbs and Petrol Hits ₦1,400
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, …