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NATIONAL BUREAU OF STATISTICS
The average price of diesel in Nigeria has risen by 1.93% month-on-month in August 2024, reaching N1,406.05 per liter.
The price of Premium Motor Spirit (PMS), commonly known as petrol, saw a notable increase in August, rising from N770.54 in July to N830.46, according to data from the National Bureau of Statistics (NBS).
Lagos and Ondo States recorded the highest motorcycle transportation fares in July 2024.
Nigeria will require an estimated $2.4 billion, equivalent of about 0.6% of its Gross Domestic Product (GDP), to shield its households from falling into poverty after experiencing a climate shock.
The South West geopolitical zone recorded the highest intracity bus fares across the six geopolitical zones in July 2024, with an average fare of N976.70, surpassing the national average of N942.61.
The South South zone recorded the highest average waterway transportation fare in July 2024, at N3,572.94, significantly surpassing the national average of N1,403.06.
Nigeria’s non-oil sector has exhibited signs of stagnation despite Nigeria's overall growth in Gross Domestic Product (GDP) in the second quarter of 2024.
The South South geopolitical zone recorded the highest intercity bus travel fares in July 2024 across Nigeria’s six...
The North Central zone reported the highest average domestic airfares in Nigeria in July 2024, reaching N102,139.71 for a single journey on designated routes.
The average retail price for refilling a 5kg cylinder of Liquefied Petroleum Gas (cooking gas) in Nigeria dropped by 14.23% in July 2024, falling from N6,966.03 in June to N5,974.55.
Nigeria’s total import from Malta was N1.03 trillion in 2023, according to an analysis of the foreign trade statistics reports released by the National Bureau of Statistics (NBS).
The cost of local flight tickets surged past N95,000 in several Nigerian states in June 2024, with average prices in Rivers State rising to N97,500 and in Kano reaching N96,433.33.