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NBS
News and analysis about NBS
The average airfare paid by passengers for specified routes on a single journey in Nigeria was N89,189.19 in April 2024, reflecting a 0.25% increase compared to March 2024.
The average fare paid by commuters for bus journeys within Nigerian cities declined slightly by 0.16%, from N969.32 in March 2024 to N967.76 in April 2024.
The Federal Road Safety Corps (FRSC) identified speed violations as the leading cause of road traffic crashes in Nigeria between 2020 and 2022.
The Federal Road Safety Corps (FRSC) produced a total of 3,563,759 number plates for motor vehicles and motorcycles...
The number of small-scale industrialists in Nigeria has experienced a sharp decline over the past two years as businesses struggle with economic challenges in the country.
Nigeria’s gross domestic product (GDP) in the first quarter (q1) of 2024 grew by 2.98%, higher than the 2.31% seen in the first quarter of 2023.
Nigeria’s Gross Domestic Product (GDP) growth declined to 2.98%, lower than the rate recorded in the fourth quarter of 2023 which was 3.46%, according to the latest report from the National Bureau of Statistics (NBS) released on Friday.
Food inflation climbed to 40.53% in April 2024, according to the Consumer Price Index report of the National Bureau of Statistics (NBS). This represented a 15.92% increase from the 24.61% food inflation rate recorded in April 2023.
The number of reported public complaints on goods and services continuously increased in the three years between 2020 to 2022.
Nigeria as been identified as one of Africa's popular destinations from international meetings
The cost of living in Nigeria continues to rise, with April 2024 Consumer Price Index (CPI) data showing a consistent increase in inflation rates across both all items and food, affecting the daily lives of people in states, as evidenced by the data from the top 10 most expensive states.
In April 2024, the headline inflation rate rose to 33.69%, up from 33.20% in March 2024, marking an increase of 0.49 percentage points according to the Nigeria Bureau of Statistics (NBS).