Tag: NBS

Inflation Eases to 15.10% in January as Food Prices Decline — NBS

Inflation eases to 15.10% in January, down from 15.15% in December — National Bureau of Statistics Food prices decline sharply, driving slowdown in headline inflation Benue, Kogi, FCT record highest…

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Nigeria’s Inflation Eases to 14.45% in November — NBS

Headline inflation fell to 14.45% year on year in November 2025 from 16.05% in October. Monthly inflation rose to 1.22%, indicating continued price pressures despite annual moderation. The sharp decline…

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Cost of 5kg Cooking Gas Jumps to N8,081 in October — NBS

NBS: 5kg cooking gas price rises 26% to N8,081 in October Borno, Yobe, Ondo record highest prices; Bauchi the lowest 12.5kg cylinder price climbs to N18,636 amid PENGASSAN strike The…

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Nigerian Railway Records ₦1.95bn in Q1 Passenger Revenue as Ridership Soars 37% — NBS

NBS report shows ₦1.95bn earned from passengers in Q1 2025 Over 929,000 commuters used the rail system, a 37.65% rise Sector posts 18.65% GDP growth amid renewed infrastructure push Nigerian…

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Cooking Gas Price Jumps 44.5% in One Year, NBS Report Shows

Average 12.5kg cylinder now costs over N20,600 nationwide South-South states record highest prices, Yobe lowest Month-on-month dip offers little relief for households The National Bureau of Statistics has confirmed that…

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South-West Records Highest Cost of Healthy Diet, North-West Lowest – NBS

  A recent report by the National Bureau of Statistics (NBS) has revealed that the South-West zone has the highest average cost of a healthy diet (CoHD) at ₦1,545 per…

Cooking Gas Price Drops by 14.23% in July – NBS

    The National Bureau of Statistics (NBS) has reported a 14.23% drop in the price of Liquefied Petroleum Gas (cooking gas) in July 2024. According to the NBS report,…

COVID-19: 58% households Reduce Food Consumption in 6 Months — NBS

A survey by the National Bureau of Statistics (NBS) has shown that 58 percent of households in Nigeria reduced their food consumption between July and December 2020 in order to…

JUST IN: Inflation drop to 33.2% in August 2024 – NBS

Nigeria's headline inflation rate has dropped to 33.2% in August 2024, indicating a 1.25% decrease from the 33.4% recorded in July 2024. This represents the second consecutive monthly slowdown in…

Nigeria’s Unemployment Rate Hits 33.3%

Nigeria’s unemployment rate has hit a new record high of 33.3 per cent in fourth quarter (Q4) 2020 from 27.1 recorded in second quarter (Q2) 2020. “In the case of…