Soft drinks prices, +20% in spring due to higher sugar price, may further increase should the Nigeria Customs Service (NCS) succeed in reintroducing excise duty on all drinks produced in the country, in response to the naira devaluation

Nigeria's inflation rate rose to 33,9% in October due to high food prices such as maize, rice and cooking oil

The country is facing one of its worst food crises with more than 30 million people expected to be food insecure next year, an increase of one third compared to this year

The country is exploring the use of artificial intelligence to safeguard its democracy - stated the House of Representatives - and is seeking to adopt a national policy framework on AI

The floods that occurred in 2024 caused the loss of some 855.629 tonnes of food, the latest FAO estimates reveal; at the end of September, the data showed almost 2,5 million hectares of farmland directly affected by the weather phenomenon