This hub brings together Opaindex's live price data and the latest 22 stories on Nigeria, each sourced and dated.
| Item | Price | Day |
|---|---|---|
| Cement Nigeria · 50kg bag Confidence: High confidence | ₦9,500 | +1.6% |
| Palm Oil Lagos · 25 litres Confidence: Medium confidence | ₦48,000 | -0.8% |
| Iron Rod (12mm rebar) Nigeria · per length Confidence: Medium confidence | ₦9,800 | +0.5% |
| Rice (local) Nigeria · 50kg bag Confidence: Medium confidence | ₦82,000 | +0.4% |
| Groundnut Oil Nigeria · 25 litres Confidence: Low confidence | ₦62,000 | +0.3% |
| Tomato Nigeria · per kg Confidence: High confidence | ₦1,561 | 0.0% |
| Garri (white) Nigeria · 50kg bag Confidence: High confidence | ₦40,662 | 0.0% |
| Yam (tuber) Nigeria · per tuber (medium) Confidence: High confidence | ₦2,347 | 0.0% |
| Beef (boneless) Nigeria · per kg Confidence: High confidence | ₦7,171 | 0.0% |
| Sandcrete Block (9 inch) Lagos · per block Confidence: Medium confidence | ₦750 | 0.0% |
| Petrol (PMS) Nigeria · per litre Confidence: High confidence | ₦1,075 | 0.0% |
| Diesel (AGO) Nigeria · per litre Confidence: High confidence | ₦1,500 | 0.0% |
| Cooking Gas (LPG) Nigeria · per kg Confidence: Medium confidence | ₦1,400 | 0.0% |
| Rice (imported) Nigeria · 50kg bag Confidence: High confidence | ₦112,285 | 0.0% |
| Brown Beans (cowpea) Nigeria · per kg Confidence: High confidence | ₦1,345 | 0.0% |
| Onion (bulb) Nigeria · per kg Confidence: High confidence | ₦1,180 | 0.0% |
NBS data shows headline inflation slipped to 15.91% year-on-year in June 2026, the first decline after three straight monthly increases. The composition is less comforting: food inflation ran at 17.52% and its month-on-month pace jumped to 3.75%, from 2.98% in May.
Across 7 daily-tracked Nigerian prices, 4 rose and 3 eased in the week to 13 July 2026 — Cement led gains (+3.2%) while Rice (local) eased (-2.3%).
Dangote Refinery lowered its ex-depot petrol price by ₦50 to ₦1,075 per litre from early July 2026 — its second cut in a week and a cumulative ₦200 reduction since late May — and scrapped its 20-marketer loading consortium so any qualified marketer can now buy directly from the gantry and coastal terminals.
Crude production averaged about 1.53 million barrels a day in May 2026 — 102% of Nigeria's 1.5m bpd OPEC quota and a 15-month high — as Trans Niger Pipeline security held. With condensate, combined output reached roughly 1.70m bpd, underpinning the naira and a 17-year reserves high. It still trails the 2.06m bpd the 2026 budget assumes.
Capital importation jumped 83.8% year-on-year to a multi-year-high $10.37bn in the first quarter of 2026, NBS data shows. The inflows are helping rebuild reserves and steady the naira — but portfolio funds made up 95% of the total while foreign direct investment was just $135m.
The Nigerian Exchange All-Share Index dropped 2.35% on 24 June 2026 — its steepest one-day loss of the year — erasing ₦3.64 trillion in value as investors cashed out of heavyweight industrial and power stocks. The slide extended into 25 June, but the market is still up about 50% for 2026.
NBS May 2026 Food Price Watch shows tomatoes averaged ₦1,560.56/kg, up 32.48% in one month; beans, garri, onions, rice and yam also rose month-on-month, even though many staples remain below May 2025 levels.
Gross external reserves reached $51.04bn on 18 June 2026, the highest since 2009 and enough to meet the CBN's full-year target six months early. Yet the naira eased toward ₦1,380/$, a paradox the IMF says points to an undervalued currency.
The Nigerian Exchange moved to T+1 settlement on 1 June 2026. After peaking near 250,385 points on 31 May, the All-Share Index slipped through early June before rebounding to 240,743.19 by 23 June — still up about 55% for the year.
Nigeria's Monetary Policy Committee kept the benchmark rate (MPR) at 26.5% at its 19-20 May 2026 meeting - its first pause after February's cut - as headline inflation edged up to 15.69% in April.
Dangote Petroleum Refinery lowered its ex-gantry petrol price by ₦75 to ₦1,175/litre from 16 June 2026, citing softer global crude after Middle East tensions eased — though pump-price relief depends on how quickly retailers pass it on.
Broad money (M3) climbed ₦4.22 trillion to ₦129.21 trillion in May, a fresh all-time high. About 70% of that increase came from net foreign assets — oil-driven FX inflows — while domestic credit barely moved, even with the CBN holding its rate at 26.5%.
The CBN official rate sat at ₦1,370.46/$ on 23 June 2026 while the street rate reached about ₦1,408, reopening a roughly 3% premium even as FX reforms steady the official market.
NBS data shows a 12.5kg cooking gas refill averaged ₦22,382 in April 2026, up ~13.9% in a month — squeezing households as LPG costs keep climbing.
A 50kg bag of cement now averages ₦9,500 nationwide, with builders pointing to higher diesel and FX pressure on inputs.
Local rice fell ~2.3% week-on-week to ₦82,000 per 50kg bag as new harvest volumes reach wholesale markets.
AGO climbed ~2.8% week-on-week to ₦1,180 per litre, raising costs for haulage, manufacturing and off-grid power.
Dangote Refinery lowered its ex-depot PMS price by ₦75 to ₦1,175 per litre from 16 June 2026, citing easing Middle East tensions and falling global crude — the first major downward review in months. Within days, imported petrol's landing cost slipped below the refinery's own price.
NBS data shows headline inflation ticked up to 15.93% year-on-year in May 2026 — a third straight monthly rise — even as the month-on-month pace cooled to 1.75%. Food inflation held at 16.96% and remained the single biggest driver.
NBS data shows Nigeria's merchandise trade balance swung to a ₦7.55tn surplus in the first quarter of 2026 — up 340.88% on the prior quarter — as imports fell to ₦13.62tn while exports edged up to ₦21.17tn.
The CBN's composite PMI rose to 49.6 in May from 49.4 in April, but remained in contraction territory for a second month. Agriculture kept expanding, services and industry stayed weak, while the Stanbic PMI pointed to a stronger private-sector rebound.
NBS data shows real GDP rose 3.89% year-on-year in the first quarter of 2026, up from 3.13% a year earlier but down from 4.07% in Q4 2025. The non-oil economy did almost all the work, while crude output kept slipping.
This hub brings together Opaindex's live price data and the latest 22 stories on Nigeria, each sourced and dated.
The most recent of 22 stories on this hub is “Nigeria's inflation eases to 15.91% in June 2026 — but food prices accelerated” (16 July 2026). Opaindex links every article tagged Nigeria, each sourced and dated.
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