Food Price News & Market Intelligence
Real-time food price analysis, agricultural market updates, and inflation tracking across Nigeria and Africa.
Nigeria's Food Inflation Drops to 8.89% — First Single-Digit Reading in Over 14 Years as Staple Prices Crash
NBS data shows food inflation fell to 8.89% in January 2026, the lowest in 174 months. Month-on-month food prices deflated by 6.02%, driven by falling …
Nigeria Pushes Biofortified Crops to Tackle Malnutrition — Now Holds the World's Largest Portfolio
At a national workshop in Kano, the Federal Government reaffirmed its commitment to biofortified crops. Nigeria holds the world's largest portfolio including Vitamin A cassava, …
Agriculture Expert Warns Government Food Import Policy Could Hurt Local Farmers and Long-Term Food Security
Dr Fatai Afolabi warns that while food imports ease consumer prices short-term, they risk undermining Nigerian farmers if not paired with input subsidies and price …
NBS Data Shows Food Prices Declining Across Key Staples — Beans Down 43%, Garri Down 32%
The latest NBS Selected Food Prices Watch shows significant year-on-year declines in November 2025: brown beans fell 43.14%, white garri dropped 32%, and local rice …
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 …
AfDB Approves $200 Million Loan to Boost Climate-Smart Agriculture and Food Production in Nigeria
The African Development Bank has approved a $200 million loan to support climate-smart farming in Nigeria, targeting a fivefold increase in wheat output and a …
Fire Destroys Over ₦5 Billion in Goods at Kano's Singer Market — 7 Dead, Over 1,500 Shops Razed
A devastating fire at Kano's Singer Market — northern Nigeria's largest commodity market — has destroyed goods worth over ₦5 billion, killed at least 7 …
Nigeria steps up drive to cut food imports as agro-industrial players target processing and value addition
''Nigeria is shifting its food strategy from simply growing more crops to rapidly industrialising its food system so it can scale processing, cut losses and …
Nigeria Loses ₦3.5 Trillion to Post-Harvest Waste Every Year. The FG Just Distributed 95 Pieces of Equipment to One State
The FG just distributed 95 pieces of post-harvest equipment to one state. Nigeria loses ₦3.5 trillion to food waste every year — three times the …
Nigeria Needs 150,000 Tractors. The Government Bought 2,000 Eight Months Ago. They're Still Parked in Abuja
"Lawmakers grilled the agriculture minister: where are the 2,000 tractors launched 8 months ago? Still parked in Abuja. Nigeria has fewer than 5,000 functional tractors …
Plateau Farmers and Herders Sign Peace Deal — But a Collapsed Truce in Katsina Shows What's Really at Stake for Food Prices
Beans surged 48% in February while every other staple crashed. The supply source? Northern and Middle Belt states — the same regions where farmer-herder violence …
Don't Plant Yet: FG Warns Farmers as NiMet Unveils 2026 Rainfall Forecast — Here's What It Means for Food Prices
It's raining in Lagos, but the rainy season hasn't started. NiMet just released its 2026 forecast — and if farmers plant too early on these …