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JUST IN: Nigeria’s Inflation Rate Rises To 32.7% [DETAILS]

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JUST IN: Nigeria’s Inflation Rate Rises To 32.7% [DETAILS]—-Nigeria’s inflation rate increased to 32.7 per cent in September, marking a reverse from two consecutive months of decline, where it stood at 32.15% in August.

TCN reports that This uptick was primarily attributed to a rise in Month-on-Month Food Inflation, which escalated to 2.64% from the previous 2.37%.

The National Bureau of Statistics (NBS) reported these findings in its Consumer Price Index (CPI) Report for September.

According to the Bureau, the headline inflation rate for September 2024 was recorded at 32.70%, in contrast to the August 2024 rate of 32.15%. This indicates an increase of 0.55% in the headline inflation rate from August to September 2024.

On a year-on-year comparison, the headline inflation rate was 5.98 percentage points higher than the rate observed in September 2023, which was 26.72%.

This data illustrates that the headline inflation rate rose on a year-on-year basis in September 2024 when compared to the same month in the previous year, September 2023.

“Furthermore, on a month-on-month basis, the Headline inflation rate in September 2024 was 2.52%, which was 0.30% higher than the rate recorded in August 2024 (2.22%).

“This means that in September 2024, the rate of increase in the average price level is higher than the rate of increase in the average price level in August 2024,” the NBS noted.

The NBS further said: “The Food inflation rate in September 2024 was 37.77% on a year-on-year basis, 7.13% points higher than the rate recorded in September 2023 (30.64%).

“The rise in Food inflation on a year-on-year basis was caused by increases in prices of the following items: Guinea Corn, Rice, Maize, Grains, Beans, etc. (Bread and Cereals Class), Yam, Water Yam, Cassava Tuber, etc (Potatoes, Yam & Other Tubers Class), Beer (Local and Foreign) (Tobacco Class), Lipton, Milo, Bournvita, etc.

“(Coffee, Tea & Cocoa Class) and Vegetable Oil, Palm Oil, etc (Oil & Fats Class).

“On a month-on-month basis, the Food inflation rate in September 2024 was 2.64% which shows a 0.27% increase compared to the rate recorded in August 2024 (2.37%).

“The rise can be attributed to the rate of increase in the average prices of Beer (Local and Foreign) (Tobacco Class), Vegetable Oil, Groundnut Oil, Palm Oil, etc (Oil & Fats Class), Beef, Gizzard, Dried Beef, etc (Meat Class), Lipton, Milo, Bournvita, etc (Coffee, Tea & Cocoa Class) and Milk, Egg etc (Milk,
cheese and Eggs Class).

“The average annual rate of Food inflation for the twelve months ending September 2024 over the previous twelve-month average was 37.53%, which was an 11.88% points increase from the average annual rate of change recorded in September 2023 (25.65%).”

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BREAKING: Super Falcons Miss Out on 2027 World Cup After 2–1 Defeat to Banyana Banyana

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BREAKING: Super Falcons Miss Out on 2027 World Cup After 2–1 Defeat to Banyana Banyana—-Super Falcons hopes of reaching the Women’s World Cup in Brazil have been shattered after South Africa struck twice in Casablanca to end the Super Falcons’ remarkable qualification streak.

Nigeria’s Super Falcons will miss the 2027 FIFA Women’s World Cup for the first time in their history after suffering a 2–1 defeat to South Africa’s Banyana Banyana in a decisive qualification play-off in Casablanca.

The defeat brings an end to Nigeria’s remarkable record of appearing at every previous edition of the Women’s World Cup since the tournament began in 1991. The Super Falcons had been handed another opportunity to keep their qualification hopes alive after their disappointing quarter-final exit at the 2026 Women’s Africa Cup of Nations.

Nigeria entered the contest needing victory to keep their World Cup dream alive, while South Africa faced the same all-or-nothing scenario after also falling at the quarter-final stage of the WAFCON.

The two sides battled through a goalless first half, with neither able to find the breakthrough in a tense encounter at the Moulay Rachid Stadium.

South Africa eventually broke the deadlock after the interval when Thembi Kgatlana found the net in the 56th minute, giving Desiree Ellis’ side a crucial advantage.

The goal forced Nigeria to chase the game, but the Super Falcons struggled to produce a sustained response. South Africa remained dangerous and eventually doubled their advantage through captain Refiloe Jane, who struck in the 77th minute to put Banyana Banyana firmly in control.

Nigeria managed to pull a goal back late in the contest when Christy Ucheibe converted from the penalty spot, giving the Super Falcons renewed hope of completing a dramatic comeback.

However, the equaliser never arrived.

South Africa held on to secure a historic 2–1 victory and, in doing so, ended Nigeria’s extraordinary run of World Cup appearances.

The result is particularly painful for the Super Falcons because the 2026 WAFCON served as part of Africa’s qualification pathway for the 2027 World Cup. The four semi-finalists earned automatic qualification, while the teams eliminated in the quarter-finals were given another opportunity through continental play-offs.

Nigeria had already surrendered their automatic qualification opportunity after losing 1–0 to Cameroon in the WAFCON quarter-finals. That defeat sent the 10-time African champions into the play-off route alongside South Africa, Ghana and Côte d’Ivoire.

But the Super Falcons have now suffered another defeat when it mattered most.

For South Africa, the victory represents a major breakthrough in their own qualification campaign. Banyana Banyana will now progress to the inter-confederation play-offs, keeping their hopes of appearing at a third consecutive Women’s World Cup alive.

For Nigeria, however, the consequences are historic.

The Super Falcons had previously never failed to qualify for a Women’s World Cup. Their uninterrupted presence at the tournament had made them the only African women’s national team to achieve such a record.

That run has now come to an abrupt end.

The defeat also caps a hugely disappointing WAFCON campaign for Nigeria. Despite being the defending African champions and the continent’s most successful women’s national team, the Falcons exited the tournament at the quarter-final stage before falling to South Africa in their final World Cup qualification opportunity.

Nigeria’s elimination will inevitably lead to questions surrounding the team’s preparation, tactical approach and performance during the tournament. Coach Justin Madugu had acknowledged before the South Africa clash that his side had another opportunity to rescue their World Cup campaign and promised that the players would give everything to secure victory.

Instead, it was South Africa who delivered when the pressure was greatest.

The Super Falcons’ historic World Cup streak is over, while Banyana Banyana march on with their hopes of reaching Brazil 2027 still alive.

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BREAKING: Lionel Messi’s Father Jorge Messi Dies at 68 After Long Illness

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BREAKING: Lionel Messi’s Father Jorge Messi Dies at 68 After Long Illness—-Jorge Messi, the longtime agent and father of Argentina and Inter Miami superstar Lionel Messi, has died in Rosario after battling an undisclosed illness.

Jorge Messi, the father and longtime representative of football superstar Lionel Messi, has died at the age of 68, bringing an end to the life of a man who played a central role in shaping one of the greatest careers in football history.

Jorge died on Friday night at a medical clinic in Rosario, Argentina, following a long illness, according to the Messi family and reports from Reuters and the Associated Press. His death comes less than two months after Lionel Messi and Argentina competed at the 2026 FIFA World Cup.

For decades, Jorge remained one of the most important figures behind his son’s extraordinary career. He served as Lionel’s agent from his teenage years and was closely involved in the major decisions that took the Argentine from a gifted youngster in Rosario to global football superstardom.

Born and raised in Argentina, Jorge worked in the steel industry before becoming heavily involved in his son’s football career. He supported Lionel from his earliest days at Newell’s Old Boys and later accompanied him when the young footballer travelled to Spain to pursue an opportunity with Barcelona’s famed La Masia academy.

That journey ultimately transformed the Messi family’s life. Lionel went on to become one of the most decorated players in football history, winning numerous domestic titles, Champions League trophies, individual awards and the 2022 World Cup with Argentina.

Jorge remained closely involved throughout that journey, handling much of his son’s professional representation and business affairs. He was involved in contract negotiations and major career moves, including Lionel’s departures from Barcelona and subsequent transfers to Paris Saint-Germain and Inter Miami.

The Messi family had previously asked the public and media to respect their privacy regarding Jorge’s health. In June, the family confirmed that he was receiving medical treatment for an undisclosed health condition after false reports about his death circulated during the World Cup.

Jorge’s illness also became an emotional backdrop to Lionel’s participation in the 2026 World Cup. The Argentina captain had spoken about personal difficulties surrounding his father’s condition during the tournament, with his family keeping details of the illness private.

News of Jorge’s death has prompted tributes from across the football world. Newell’s Old Boys, the Rosario club where Lionel began his youth career, expressed condolences and recognized Jorge’s importance to the Messi family’s connection with the club. CONMEBOL also joined the football community in mourning his passing.

Beyond being Lionel Messi’s representative, Jorge was remembered as a father who stood behind his son’s ambitions from childhood. His influence extended from the football pitches of Rosario to the biggest stadiums in Europe and the world, as he helped guide Lionel through the challenges that accompanied his extraordinary rise.

For Lionel Messi, the loss marks the passing of a deeply influential figure in both his personal and professional life. Jorge was not only the man who helped manage his son’s career but also one of the people who witnessed and supported the journey from a young boy with extraordinary potential to a World Cup-winning football icon.

Jorge Messi was 68. His legacy will remain closely connected to the remarkable story of his son and the extraordinary football career that followed their journey from Rosario to the global stage.

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