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NBS
News and analysis about NBS
The Centre for the Promotion of Private Enterprise (CPPE) has welcomed the sustained moderation of Nigeria’s inflation rate but cautioned that consumer confidence remains fragile due to persistently high food prices and weak household purchasing power.
Ekiti State emerged as the most expensive place to live in Nigeria in August 2025, making history as the first South-Western state to top the inflation rankings since the rebasing of the Consumer Price Index (CPI) in January.
Nigeria’s headline inflation slowed for the fifth consecutive month in August 2025, providing some relief for consumers already weighed down by high living costs.
Nigeria’s headline inflation rate eased to 20.12% in August 2025, a decline from 21.88% recorded in July 2025.
Nigeria’s crude oil exports plunged by N3.18 trillion in the first half of 2025, underlining the country’s continued struggles with output levels and global market shifts.
Nigeria recorded an upswing in its external trade position in the second quarter of 2025, as the country’s trade surplus widened by 44.3% to N7.46 trillion, up from N5.17 trillion in the previous quarter.
The average retail price of refilling a 5kg cylinder of Liquefied Petroleum Gas (cooking gas) declined by 0.96%...
Nigeria’s economy is projected to post stronger growth in Q2 2025, with analysts forecasting real GDP expansion between 3.2% and 3.9%.
The Centre for the Promotion of Private Enterprise (CPPE) has released its commentary on Nigeria’s July 2025 inflation...
Nigeria’s headline inflation rate eased for the fourth consecutive month in July 2025, dropping to 21.88% from 22.22% in June, according to the latest Consumer Price Index (CPI) report from the National Bureau of Statistics (NBS).
Nigeria’s headline inflation rate slowed slightly to 21.88% in July 2025, marking a modest retreat from the previous month’s figure of 22.15%, according to the latest data released by the National Bureau of Statistics (NBS).
Foreign Direct Investment (FDI) into Nigeria declined by 70.06% quarter-on-quarter to $126.29 million in Q1 2025, down from $421.88 million in Q4 2024, according to the latest Capital Importation report released by the National Bureau of Statistics (NBS).