Melanie Igbe's restaurant hosted 50 people a day when it opened in Nigeria's megacity Lagos a year ago. Fear of coronavirus has driven most diners away, but Igbe believes inflation rather than the pandemic may kill her business.

The food index rose to 15.18% compared to 15.04% recorded in May 2020 while core inflation, which excludes the prices of volatile agricultural produce that stood at 10.13% in June 2020 compared to 10.12% recorded in May 2020. If prices continue to sow, it will continue to have a devastating effect on the poor households by making it difficult to afford food.

Here are a few reasons to pick up a copy of The Guardian on Tuesday. Find these stories and much more when you grab a copy of The Guardian on Tuesday.⁣

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Here is why you should pick up a copy of The Guardian on Saturday. Find these stories and much more when you grab a copy of The Guardian on the newsstands on Saturday⁣.

Here is why you should pick up a copy of The Guardian on Wednesday. Find these stories and much more when you grab a copy of The Guardian on the newsstands on Thursday.

Here is why you should pick up a copy of The Guardian on Thursday. Find these stories and much more when you grab a copy of The Guardian on the newsstands on Thursday⁣.

Here is why you should pick up a copy of The Guardian on Tuesday. Find these stories and much more when you grab a copy of The Guardian on the newsstands on Tuesday⁣.

Despite a continuous spike in inflation and complaints of revenue losses by businesses, Nigeria's borders will remain closed until January 2020. CNBC Africa’s Samuel Onalaru has more on this story.

Nigeria’s October inflation leaped to 11.61 from 11.24 per cent in September indicating a 1.07 percentage point increase month-on-month. That’s according to data from the National Bureau of Statistics. Analyst at Assar Investment, Muktar Mohammed joins CNBC Africa to discuss Nigeria's equities market.

Center-left candidate Alberto Fernandez has capitalized on rising poverty, soaring inflation and a battered currency under conservative incumbent Mauricio Macri. A Fernandez victory has spooked markets.

Beverley Morris, head of rates and inflation, portfolio manager for fixed income funds at QIC, discusses the bond markets and what would get bond investors to worry.