Nigeria’s food market valued at $233.53bn in 2025
The Nigerian food market has been estimated to be around $233.53 billion in 2025, with an expected annual growth rate of 10.76…
Food
Lagos to complete massive food logistics hub in 2026
The first phase of the 1.2 million sqm Lagos Central Food Security Systems and Logistics Hub will be completed this year, the…
Egg shortage looms as day-old chick prices surge 67%
Nigeria faces imminent egg shortages as day-old chick prices have surged 67 per cent in three months, according to BusinessDay’s findings. Poultry…
Nigeria, UK sign $500m diary project deal to boost food security
The Nigeria Sovereign Investment Authority has signed a Memorandum of Understanding with United Kingdom-based Asset Green Ltd to advance the development of…
Food inflation rose to 12.2% in February – NBS
Nigeria’s annual food inflation rate reversed a six-month downward trend, rising to 12.2 per cent in February from 8.89 per cent in…
Hunger crisis deepens in Northern Nigeria as UNWFP slashes aid
No fewer than one million people in northeast Nigeria could lose emergency food and nutrition assistance unless funding is secured within weeks.…
Abuja residents hail FG as food prices crash
Some Abuja residents have commended the Federal Government’s intervention to reduce food prices, saying the crashing prices of food items have brought…
India shifts export focus from Iran to Nigeria for Basmati rice
India is actively seeking new markets for its basmati rice as political unrest and economic instability in Iran disrupt shipments and delay…
Yobe, Ogun lead states with rising food inflation
Food inflation remained uneven across Nigeria’s 36 states and the Federal Capital Territory in December 2025, with Yobe State recording the highest…
No egg scarcity in Lagos, says poultry association
The Poultry Association of Nigeria, Lagos State chapter, has dismissed reports of egg scarcity in the state, insisting that eggs remain abundant…
Rice, beans cheaper as oil, processed foods rise
Food prices showed mixed trends across major Nigerian markets in January, offering some relief for households through lower prices of staple grains…
Nigeria to face worsening food insecurity crisis in 2026 — PwC
Nigeria is projected to face a worsening food security crisis in 2026, with as many as 34.7 million people at risk of…