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Rice, a staple for Christmas celebrations in Nigeria, has become a luxury this year. Soaring food prices have made the traditional dish of jollof rice and...
Nigeria’s headline inflation rate rose to 34.60% in November 2024, up from 33.88% in October, according to the latest Consumer Price Index (CPI) report from the...
The Federal Government’s efforts to reduce food prices through a zero percent duty and exemption from value-added tax on basic food items are facing serious setbacks,...
The Federal Government has initiated the sale of 50 kg bags of rice for ₦40,000 in Abeokuta, the capital of Ogun State. This initiative is part...
President Bola Tinubu has urged Nigerians to remain patient despite the rising cost of living, stressing that the country must address its economic challenges and cannot...
APC claims a Federal Government agency is feeding Nigerians with false inflation figures. Eko Hot Blog reports that the All Progressives Congress (APC) has baselessly claimed...
The UN warns that 82 million Nigerians could face hunger by 2030 and urges the government to address climate change and other agricultural threats amid rising...
President Bola Tinubu has initiated measures to alleviate hardship by approving N50,000 uplift grants for 100,000 families in each state for three months. Eko Hot Blog...
Traders at Ose Okwodu Market in Onitsha have attributed the surging prices of food items in Nigeria to the ongoing insecurity issues plaguing the country. Eko...
Presidency Denounces New York Times’ Report, Says Tinubu Inherited Dead Economy. The government defends recent policy measures, such as ending the fuel subsidy and unifying exchange...