Rice is ₦82,000 per 50kg bag in Nigeria as of 23 June 2026, up 0.4% on the day. This hub tracks the live Rice price with its source and the latest 7 stories covering it.
| 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% |
| 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% |
| 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% |
| Rice (imported) Nigeria · 50kg bag Confidence: High confidence | ₦112,285 | 0.0% |
| Diesel (AGO) Nigeria · per litre Confidence: High confidence | ₦1,500 | 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%).
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.
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.
Local rice fell ~2.3% week-on-week to ₦82,000 per 50kg bag as new harvest volumes reach wholesale markets.
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.
Rice is ₦82,000 per 50kg bag in Nigeria as of 23 June 2026, up 0.4% on the day. This hub tracks the live Rice price with its source and the latest 7 stories covering it.
Sourced from Wholesale market survey. Confidence: medium. Last updated 23 June 2026.
The most recent of 7 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 Rice, each sourced and dated.
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