Nigeria's National Bureau of Statistics (NBS) reported that the number of electricity consumers in the country increased to 12.16 million in the fourth quarter of 2025, marking a 1.11% rise from the previous quarter.
A report from the National Bureau of Statistics (NBS) indicates that Nigeria's postal revenue saw a significant increase of 167% in 2025, detailing the country's extensive postal network.
Nigeria's capital importation experienced a significant surge, increasing by 83.83% to reach $10.37 billion in the first quarter of 2026, according to the National Bureau of Statistics (NBS). This marks a substantial rise in foreign investment into the country.
The average price of petrol in Nigeria increased to ₦1,532.93 per litre in April, marking an 18.97% rise, according to the National Bureau of Statistics (NBS). This surge reflects a significant increase in fuel costs for consumers.
Latest data from the National Bureau of Statistics (NBS) indicates that 1,347 people died in road crashes in Nigeria during the first quarter of 2026, with commercial vehicles accounting for the majority of accidents despite a marginal decline in overall crashes.
Nigeria's National Bureau of Statistics (NBS) has reported that the average price of petrol increased significantly to N1,288.54 per litre in March. This rise reflects ongoing economic pressures and fuel subsidy adjustments in the country.
Nigeria's inflation rate saw a marginal decrease to 15.06 percent in February, down from 15.1 percent recorded in January, according to the latest data released by the National Bureau of Statistics (NBS).
…Despite 132% surge in total importation By Yinka Kolawole Capital inflows into Nigeria’s manufacturing sector suffered a sharp decline in the first nine months of 2025 (9M’25), even as overall capital importation into the country recorded a huge surge, figures from the National Bureau of Statistics (NBS) have shown. According to the data, capital importation into the […]
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The average price of petrol in Nigeria increased by 55.31% from last year, reaching N1,596.25 per litre in May 2026, according to the National Bureau of Statistics (NBS).
Nigeria's trade surplus experienced a significant increase, jumping by 341% to N7.55 trillion in the first quarter of 2026. This substantial rise was reported by the National Bureau of Statistics (NBS).
The National Bureau of Statistics (NBS) reported a month-on-month increase in the prices of essential food items like tomatoes, beans, and garri in Nigeria for April 2026.
Nigeria's Gross Domestic Product (GDP) growth rate has been confirmed at 3.89 percent year-on-year in real terms during the first quarter of 2026, according to the National Bureau of Statistics (NBS). The services sector remained the strongest driver of economic activity during this period.
The National Bureau of Statistics (NBS) reported that the average price of 50kg local rice in Nigeria increased by 20.5% in March 2026, reaching N112,000 from N92,946 in February 2026.
The chairman of the National Bureau of Statistics (NBS) lauded President Tinubu's economic reforms during the commissioning of the organization's new headquarters. He asserted that these reforms were crucial in preventing inflation from reaching 120%.
By Yinka Kolawole Nigeria’s textile exports plunged sharply in 2025, dropping by 55.25 per cent to N16.55 billion from N36.98 billion recorded in 2024, even as the country’s importation of textile products surged significantly within the same period. Data obtained from the National Bureau of Statistics (NBS) showed that while export earnings from textile products declined […]
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Nigeria’s food and beverage imports surged by N1.07 trillion to N7.65 trillion in one year, according to the National Bureau of Statistics (NBS), highlighting persistent challenges in local production.
The average retail price of Automotive Gas Oil (AGO), commonly known as diesel, declined to ₦1,361.57 per litre in January 2026, down from ₦1,501.58 recorded in January 2025, according to the National Bureau of Statistics (NBS).
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Nigeria's inflation rate increased to 15.93% in May, according to the National Bureau of Statistics (NBS). This rise is attributed to high food prices across the country.
A new report from the National Bureau of Statistics (NBS) indicates that the cost of a healthy diet has risen further, exacerbating the ongoing food crisis. This increase poses significant challenges for households striving for nutritional well-being.
The National Bureau of Statistics (NBS) reported that the cost of a healthy diet in Nigeria was N1,541 in March. This figure reflects the financial burden on households to afford nutritious food.
The National Bureau of Statistics (NBS) reported that the cost of a healthy diet per day in Nigeria reached N1,513 in February. This figure highlights the increasing expense of nutritious food for Nigerians.
The Nigerian National Bureau of Statistics (NBS) reported that the average price of fuel in Nigeria increased to N1,051.47 per litre in February, a 1.62 percent rise from January.
Nigeria's inflation rate saw a slight decrease to 15.06% in February, down by 0.04% from the previous month, according to data released by the National Bureau of Statistics (NBS).
Nigeria's exports experienced a 5.3% decline in the fourth quarter of 2025, primarily driven by a drop in crude oil exports, while imports increased, according to the National Bureau of Statistics (NBS). Despite this, the country recorded a ₦1.71 trillion trade surplus.
According to the National Bureau of Statistics (NBS), Nigeria’s capital importation climbed to $6.01 billion in the third quarter of 2025.
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