Listen to ABR

Inflation Settles On ‘Nigerian Onions’ As Food Prices Skyrocket......More of BusinessAM

Nov 16, 2020 03:55 PM
Inflation Settles On ‘Nigerian Onions’ As Food Prices Skyrocket......More of BusinessAM Inflation, Onions, Africa Business Radio, News Express, Food Inflation, Africa Business News, News Podcast

Nigeria National Petroleum Corporation scrambled its communication team to provide assurance to the Nigerian Public that the strike by members of the Petroleum and Natural Gas Sector Staff of Nigerian which had started to result in panic buying of petroleum products especially petrol would not affect the supply of the product.

The food index rose by 0.66 basis point to 16.66%. The Surge was accursed to rising food prices occasioned by border closures and weakening of the Nigerian currency against the dollar in the foreign exchange market.

0:00 / 0:00

Get the latest headlines and unique ABR stories, sent every weekday.

Micos Chicken and Waffles

Upcoming Events

Thu 15

Africa Data Protection Conclave

Oct 15 @ 10 AM - Oct 15 @ 03 PM
Sat 10

The Boss Lady Conference 2020

Oct 10 @ 11 AM - Oct 10 @ 01 AM
Wed 17

ABR social sensitization on HIV & AIDs

Jul 17 @ 07 AM - Jul 24 @ 05 AM

Job Listing

Software Developer



News Updates

  • Australia Approves Tough New Veto Powers Over Foreign Agreements Amid China Row

  • United States issues travel curbs for Chinese Communist Party members

  • Twitter Bans Content Which ‘Dehumanizes’ Based On Race, Ethnicity

  • Iran Passes Law To Boost Enrichment And Block Inspectors

  • Egypt Accused Of Execution Spree

  • United Nations And Ethiopia Reach Agreement On Aid Pact For War-Hit Tigray

  • Central Bank of Nigeria Directs Banks to Close Naira Accounts for IMTO Proceeds

  • Federal Executive Council Approves N120.7bn for Road Reconstruction

  • Nigerian President To Address Lawmakers Over Insecurity Issues

  • Nigeria Records 122 New COVID-19 Cases