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Results for "National Bureau of Statistics (NBS)"

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Nigeria's Capital Importation Surges 84% to $10.37 Billion in Q1 2026
BusinessPremium Timespunch-ngvanguard-ng2mo ago3 sources

Nigeria's Capital Importation Surges 84% to $10.37 Billion in Q1 2026

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.

Nigerian Petrol Price Rises to ₦1,532.93 Per Litre in April
BusinessPremium Timesvanguard-ng2mo ago2 sources

Nigerian Petrol Price Rises to ₦1,532.93 Per Litre in April

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.

Manufacturing’s share of capital inflows shrinks to 2.76%
Businessvanguard-ng5mo ago

Manufacturing’s share of capital inflows shrinks to 2.76%

…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 […] The post Manufacturing’s share of capital inflows shrinks to 2.76% appeared first on Vanguard News.

Nigerian Food Prices Jump in April 2026
Businesspunch-ngvanguard-ng2mo ago2 sources

Nigerian Food Prices Jump in April 2026

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 GDP Growth Rate Confirmed at 3.89% in Q1 2026 by NBS
BusinessPremium Timesguardian-ngvanguard-ng2mo ago3 sources

Nigeria's GDP Growth Rate Confirmed at 3.89% in Q1 2026 by NBS

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.

Nigerian Rice Price Jumps 20.5% to N112,000
Financevanguard-ng3mo ago

Nigerian Rice Price Jumps 20.5% to N112,000

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.

NRS Chairman Praises Tinubu Reforms at New Headquarters Opening
BusinessPremium Timespunch-ng4mo ago2 sources

NRS Chairman Praises Tinubu Reforms at New Headquarters Opening

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%.

Textile exports crash 55.3% to N16.55bn as imports hit N1.06trn
Businessvanguard-ng5mo ago

Textile exports crash 55.3% to N16.55bn as imports hit N1.06trn

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 […] The post Textile exports crash 55.3% to N16.55bn as imports hit N1.06trn appeared first on Vanguard News.

Diesel price falls 9.32% year-on-year to ₦1,361.57 in January — NBS
Businessvanguard-ng5mo ago

Diesel price falls 9.32% year-on-year to ₦1,361.57 in January — NBS

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). The post Diesel price falls 9.32% year-on-year to ₦1,361.57 in January — NBS appeared first on Vanguard News.

Cost of Healthy Diet Continues to Rise Amidst Food Crisis
Worldvanguard-ng2mo ago

Cost of Healthy Diet Continues to Rise Amidst Food Crisis

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.