Tag: food sub-index

Assessing Nigeria’s December food inflation data

Nigeria's food composite index rose by 13.56 per cent in the month of December compared to 13.3 per cent recorded in November 2018. Chike Nwagwu, Chief Executive Officer at Novus Agro joins CNBC Africa to assess the food sub-index in Nigeria's December inflation figures.

Nigeria’s food inflation continues to fall

Nigeria's composite food inflation index came in at 12.85 per cent in July, representing the 10th consecutive decline in year on year food inflation since September 2017. Earlier, CNBC Africa's Wole Famurewa spoke to Chike Nwagwu, CEO of Novus Agro to assess the food sub-index of Nigeria's July inflation figures.