Average price of farm produce surges by 28.98% in five months
The National Bureau of Statistics (NBS) has reported a 28.98% rise in the average cost of farm produce between January ...
Tag: NBS
News and analysis about NBS
Nigeria’s inflation rate eases to 22.97% in May 2025
Nigeria’s headline inflation rate dropped to 22.97% in May 2025, marking the second consecutive month of decline, according to new ...
Nigeria’s crude oil export falls by over 16% to N12.95 trillion in Q1 2025
Nigeria’s crude oil producers exported approximately N12.96 trillion worth of the product in the first quarter (Q1) of 2025, amid ...
PMS prices surge by 76.73% year-on-year in April 2025, South East residents paid N1,341.71 – NBS
The average retail price paid by consumers for Premium Motor Spirit (PMS), commonly known as petrol, rose to N1,239.33 in ...
Food inflation hits 51.8% in Benue as insecurity disrupts farming activities
Food inflation in Benue State surged to 51.8% year-on-year in April 2025, according to data from the National Bureau of ...
Top 10 most expensive states to live in Nigeria in April 2025
Nationally, the headline inflation rate eased slightly to 23.7% in April 2025, down from 24.2% in March, marking a 0.52% ...
Nigeria’s inflation rate eases to 23.71% in April 2025
Nigeria’s inflation rate eased to 23.71% in April 2025, down from 24.23% recorded in March.
Experts diverge on April inflation as base effects and structural pressures battle for dominance
Analysts remain split on the trajectory of headline inflation, reflecting ongoing macroeconomic uncertainties as the National Bureau of Statistics (NBS) ...
IMF projects 37% inflation rate for Nigeria in 2026
The International Monetary Fund (IMF) has projected that Nigeria’s headline inflation will average 26.5% in 2025, following a recent rebasing ...
Nigeria’s inflation rate rises to 24.23% in March 2025
Nigeria’s headline inflation rate has increased to 24.23% in March 2025, according to the latest figures from the National Bureau ...
