The price of sliced 500g bread rose to N447.80 in March this year from N331.76 in March 2021, according to data obtained from the National Bureau of Statistics (NBS).
The NBS report also showed that the price of unsliced 500g bread increased to N411.73 in March 2022 from N310.73 in March 2021.
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Folake Balogun
Folake Balogun is a tech journalist covering Africa’s fast-growing digital economy with a strong focus on incisive analysis of startup trends, venture capital, and fintech innovation, while also exploring emerging technologies such as artificial intelligence and the future of connectivity by highlighting their economic and social impact.
