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…
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…
Nigeria’s Unemployment Rate Rises to 5.3% in Q1 2024, NBS Reports
Nigeria’s unemployment rate climbed to 5.3% in the first quarter of 2024, marking an increase of 1.2 percentage points from 4.1% in the same period last year, according to the…
Average Price For Cooking Gas Up in February — NBS
The National Bureau of Statistics, NBS, on Saturday disclosed the average price for refilling five kilogrammes (5kg cylinder of Cooking Gas) increased to N2,018.91 in February from N1,949.02 in January.…
Nigeria on Track to $1tn Economy by 2030–Tinubu
President Bola Tinubu has reaffirmed his administration's commitment to driving Nigeria’s economy towards the $1 trillion mark by 2030, following positive signs from the latest economic reports. The National Bureau…