Nigeria’s economic woes deepened in December 2024 as food inflation reached a staggering 39.84%, a significant 5.91 percentage point increase from the previous year. This alarming figure underscores the mounting…
Nigeria’s inflationary woes deepened in December 2024, with the headline inflation rate reaching 34.80%, according to the latest Consumer Price Index (CPI) report released by the National Bureau of Statistics…
Nigeria’s food inflation rate continued to exhibit a concerning upward trajectory in August 2024, reaching a substantial 37.52% on a year-on-year basis. This marked a significant increase from the 29.34%…
The cost of maintaining a healthy diet in Nigeria has escalated dramatically, with a 45 percent surge recorded in the first six months of 2024. The average daily cost of…
Nigeria is grappling with a severe food security challenge, as evidenced by skyrocketing food prices. In response, the government has announced a comprehensive plan, spearheaded by the Ministry of Agriculture…
Nigeria faces a balancing act in the second half of 2024, with inflation projected to decline slightly while economic growth remains tepid, according to a new report by PwC. The…
Ghana Inflation tussle has shown a glimmer of hope. The Ghana Statistical Service (GSS) announced a year-on-year inflation rate of 25% in April 2024, a decrease of 0.8% points compared…
CEM REPORT, FOOD | Food prices are skyrocketing across Sub-Saharan Africa (SSA), with several countries experiencing double-digit inflation, according to a new report by the World Bank. This is putting…
CEM REPORT, AGROFOOD | Ekiti State has emerged among the 36 states and FCT as the State with the highest Cost of a Healthy Diet in the month of December…