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…
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…
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…
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…
NBS Reveals IGR Generated By 36 States, FCT in 2022
The National Bureau of Statistics, NBS has disclosed that the 36 states and the Federal Capital Territory generated N1.925 trillion as Internally Generated Revenue in 2022. The Statistics body revealed…
Nigeria’s Petrol Imports Surge 105% To N15.42tn In 2024 – NBS
Nigeria's petrol imports surged by 105.3% to N15.42tn in 2024, despite increased domestic refining capacity. The country's petrol import bill has steadily risen over the past five years. Local refineries,…
NBS Reveals Three States With Highest Inflation Rate
Kogi, Rivers and Lagos have been revealed as Nigeria states with the highest all-items inflation rate in October 2023. The National Bureau of Statistics, NBS, Consumer Price Index, CPI, report…
Imported Petrol Landing Cost Drops To N797.66/Litre
The landing cost of imported Premium Motor Spirit (petrol) has dropped to N797.66 per litre. The drop in landing cost is attributed to a price reduction at the Dangote refinery,…
Report Reveals Petrol Price Rose By 223.21% In One Year
The average cost that Nigerians pay for Premium Motor Spirit (PMS), also known as petrol or fuel, rose by 223.21 percent from the previous year, year-over-year, to ₦769.62 per liter…
Price of Healthy Food Increases by 32% in 5 Months – NBS
The average cost of purchasing healthy food daily increased by 32 per cent to N1,041 in May 2024 from N786 in December 2023. The National Bureau of Statistics, NBS,…