Lagos ports handled 84.6% of Nigeria’s Q2 trade — NBS
Lagos ports handled an estimated N35.07 trillion, representing 84.6 per cent of Nigeria’s total merchandise trade of N41.44 trillion in the second…
NBS
Inflation rate eased to 15.39% in August — NBS
Nigeria’s headline inflation rate eased marginally to 15.39 per cent in August 2026, as the pace of increase in food prices slowed…
Nigeria’s economy grows 4.4% In second quarter — NBS
Nigeria’s economy grew by 4.4 per cent year-on-year in the second quarter of 2026, up from the 4.2 per cent recorded in…
Cost of healthy diet rises to ₦1589 in April — NBS
The national average Cost of a Healthy Diet rose by 3.12 per cent month-on-month to N1,589 per adult per day in April…
Domestic airfares rise 20.8% to ₦157,552 in May — NBS
Domestic air travel fares rose by 20.8 per cent year-on-year to N157,552 in May 2026 from N130,361 in May 2025. The National…
Petrol price rose 55% to ₦1596/litre in May — NBS
The average retail price of Premium Motor Spirit, commonly known as petrol, rose by 55.31 per cent year-on-year to N1,596.25 per litre…
Garri, beans prices drop as food inflation eases
The prices of key food staples, including garri and beans, declined significantly in April 2026, offering some relief to consumers as food…
Petrol price hit ₦1,288.54/litre in March — NBS
The National Bureau of Statistics says the average retail price of a litre of petrol witnessed an increase from N1,051.47 in February…
Nigeria’s inflation rises to 15.38% in March – NBS
Nigeria’s headline inflation rate rose to 15.38 per cent in March 2026, up from 15.06 per cent in February, according to the…
Nigeria VAT collections dropped to ₦2.19trn in Q4 2025 — NBS
Nigeria’s Value Added Tax collections stood at N2.19 trillion in the fourth quarter of 2025, representing a 3.78 per cent decline from…
Nigeria spent ₦8.96tn on petrol imports in 2025 — NBS
Nigeria’s dependence on imported petrol continued throughout 2025, as oil marketers spent N8.96 trillion on Premium Motor Spirit imports from January to…
Nigeria’s food import bill hits N7.65tn in 2025
Nigeria’s expenditure on imported food and beverage products rose sharply to N7.65 trillion in 2025, underscoring the nation’s growing dependence on foreign…