PRICE MOVEMENTWeek of 9 Mar – 15 Mar 2026

New Market Prices: Rice at ?75,000, Beans at ?60,000, Onions Surge to ?90,000 per Bag

Source: Legit.ng
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A market survey across major Nigerian cities in the second week of March found rice at ?75,000 (long grain) and ?55,000 (short grain) per bag, while beans held at ?60,000 per bag. The most notable movement was in onions, which jumped to ?90,000 per bag from ?70,000 — a 29% increase attributed to logistics disruptions on the Sokoto-Lagos corridor. In Kano, fresh produce remained stable with tomatoes at ?800 per bowl. Market analysts noted that overall food prices remain well below 2025 Ramadan levels and the broad consumer relief from the January NBS data is still largely intact.

Commodities Covered

ricebeansonionstomatoes

States Affected

Lagos, Kano, FCT, Oyo

Read full article at Legit.ng

Summary by NaijaMarket Intel research team · Original article by Legit.ng