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 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,…
Nigerians Paid 87 Million Bribes in 2023 As Refusal Rate Increases – NBS
According to the National Bureau of Statistics (NBS), Nigerians paid a total of 87 million bribes in 2023, a decrease from the 117 million bribes paid in 2019. The…
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…