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KING VICTOR AKACHUKWU 2025

on February 04, 2025

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why food prices keep rising in nigeria understanding inflation in 2026

Headline inflation in Nigeria dropped to 15.15 percent in December 2025, according to the Central Bank of Nigeria. However, household budgets remain… The Central Bank of Nigeria (CBN) has reported a 15.15 percent reduction in headline inflation in December 2025, marking a decrease from the 15.47 percent recorded in November. Household budgets continue to be stretched however, due to the food items' share of disposable income. The cost pressure is different among citizens in different States because of different structural factors. Data from the National Bureau of Statistics (NBS) highlights the effect of certain factors on the cost of living in the various regions of the country. To grasp these dynamics, one needs to consider the supply chain delays, agricultural input costs, and the nature of the currency in question. So, what is causing food inflation in Nigeria? Food inflation is not a universal macroeconomic phenomenon, because of difficulties of production and transport faced...

When Banks Fail Understanding the Causes and How Your Money Is Protected

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