NBS
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...
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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...
Olaitan Sodiq
NBS Reveals States With Highest Cooking Gas Prices In Nigeria
NBS has reported that Taraba, Lagos, and Benue have the highest prices for liquefied petroleum gas (LPG) in Nigeria. The average price of...
Olaitan Sodiq
NBS Reports 87.1% Increase In Petrol Price In November 2024
The National Bureau of Statistics (NBS) reports that the average retail price of petrol increased by 87.10% from N648.93 in November 2023 to...
Olaitan Sodiq
Nigeria’s Inflation Rate Hits 34.8% Amid Festive Season Demand
Nigeria’s headline inflation rate has risen to 34.80% in December 2024, up from 34.60% in November 2024, according to the National Bureau of...
Olaitan Sodiq
Over 1.1 Million Nigerians Displaced, Says NBS
The National Bureau of Statistics (NBS) has reported that over 1.1 million Nigerians have been internally displaced, with a staggering 877,299 individuals driven...
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Nigeria’s Trade Surplus Soars to N5.81tn in Q3 2024
Nigeria has recorded a trade surplus of N5.81 trillion in the third quarter of 2024, showcasing a robust performance in export earnings, according...
Olaitan Sodiq
Nigeria Records N5.81 Trillion Trade Surplus in Q3 2024
Nigeria has reported an impressive trade surplus of N5.81 trillion for the third quarter of 2024, according to the National Bureau of Statistics...
Olaitan Sodiq
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...
Olaitan Sodiq
