Headline inflation continued decelerating after clocking 5.1% year-on-year in June to a 39-month low of 4.6% year-on-year in July 2024. Monthly, headline inflation edged 0.4% higher month-on-month with price pressures from electricity, which contributed 0.4ppts to the monthly outcome, and core inflation. Food inflation continued to trend on the downside for the eighth consecutive month ...

Stakeholders in the agriculture sector have called on both the federal and state governments to ensure that the 2024 budget and subsequent budgets are gender sensitive. The stakeholders made the call in a communique issued at the end of National Stakeholders Consultative meeting on 2025 budget in Lagos state. The stakeholders are Federal and State ...

Grains and legumes are seen at a market in the Obalende area of Lagos on December 18, 2023.(Photo by Benson Ibeabuchi / AFP) The Minister of Agriculture and Food Security Abubakar Kyari says the country is expecting a bumper harvest before year-end. Food inflation has reached 40 per cent according to data from the National ...