Nigeria’s business landscape sustained its upward momentum in September 2025, as the Current Business Performance Index climbed to 107.9 points, marking a 0.6-point increase from 107.3 points in August.
The National Bureau of Statistics (NBS) has reported that the average retail price of Automotive Gas Oil (diesel) dropped to N1,789.45 per litre in July 2025.
The average retail price paid by consumers for Premium Motor Spirit (Petrol) for July 2025 was N1024.99, a decrease of 1.22% from N1,037.66 in June 2025.
Nigeria’s inflation story in 2025 is taking an unusual turn because, for the first time in nearly a decade, the country is witnessing a meaningful and sustained slowdown in consumer prices.
Nigeria’s Value Added Tax (VAT) collection reached a record N1.95 trillion in the fourth quarter (Q4) of 2024.
The Nigerian telecommunications sector recorded $80.78 million in foreign direct investments in Q1 2025, representing a 58% decline year-on-year.
Capital inflows into Nigeria surged to $5.6 billion in the first quarter of 2025, representing a 67.12% increase compared to $3.4 billion recorded in the same period of 2024.
In this article, Nairametrics highlighted the top ten states where consumers paid the most for petrol as of June 2025, listed from the lowest to the highest.
The average retail price of Automotive Gas Oil (diesel) rose by 23.98% year-on-year, increasing from N1,462.98 per litre in June 2024 to N1,813.81 per litre in June 2025.
The average retail price for refilling a 5kg cylinder of Liquefied Petroleum Gas (cooking gas) rose by 1.92% month-on-month from N8,167.43 in May to N8,323.95 in June 2025.
The average retail price of Premium Motor Spirit (PMS), commonly known as petrol, rose to N1,037.66 in June 2025, marking a 38.32% year-on-year increase from N750.17 recorded in June 2024.
Despite nominal inflation pressures and currency depreciation, key sectors such as Real Estate, Trade, Crop Production, and Telecommunications emerged as the largest contributors to GDP
