Ramadan 2026: Mixed Price Signals Across Nigerian Markets as Fasting Season Begins

As Nigeria's Muslim population began Ramadan in early March, market surveys across Abuja, Lagos and Kano showed divergent price movements. In Abuja, beans surged from ?50,000 to ?90,000 per bag while maize rose sharply in Taraba and Kaduna. Lagos and Kano markets remained relatively calm — a bag of tomatoes held at ?36,000, long grain rice at ?75,000 and beans at ?60,000. In Kano, fresh tomatoes sold at ?800 per bowl and onions at ?2,000, with only minor adjustments from pre-Ramadan levels. Traders attributed northern stability to abundant dry-season harvests, while southern pressure reflected logistics bottlenecks.