Nigeria’s headline inflation slowed for the fifth consecutive month in August 2025, providing some respite for consumers grappling with high living costs. Data released by the National Bureau of Statistics today showed that inflation dropped to 20.12 per cent, down from 21.88 per cent in July. The figure represents a 1.76 percentage point decl...
•Nigeria’s inflation Nigeria’s headline inflation rate dropped to 23.71 percent in April 2025, relative to 24.23 percent recorded in March 2025, representing a decrease of 0.52 percent from March 2025 figure. This is contained in data released by the National Bureau of Statistics (NBS) today in Abuja, and the report is based on a new [&h...
•Tinubu and bandits No fewer than 614, 937 Nigerians were killed and 2,235,954 others kidnapped across the country between May 2023 and April 2024, the National Bureau of Statistics (NBS) has revealed. The NBS disclosed this yesterday in its report titled ‘The Crime Experienced and Security Perception Survey (CESPS) 2024’, and based on the sur...
•Bandits The National Bureau of Statistics has revealed that Nigerians paid a total of N2.23 trillion as ransom over the 12 months between May 2023 and April 2024. This sum was paid by households affected by kidnapping incidents, highlighting the growing threat posed by criminal activities in the country. According to the NBS’s latest Crime [&...
•NLC President, Joe Ajaero The Nigerian Labour Congress has described the drop in Nigeria’s unemployment rate released in a report by the National Bureau of Statistics yesterday as fiction, stressing that it contradicts reality. The NLC’s position was corroborated by the Organised Private Sector, with the OPS stating that the report was not re...
•Aviation minister, Festus Keyamo (SAN) The average domestic airfare in Nigeria is now at N123,000. This is according to the National Bureau of Statistics (NBS) in its August Transport Fare Watch. It said the increase signifies a 25 percent hike from what was obtainable in July 2024. “In air travel, the average fare paid by […]
The national average retail price for Premium Motor Spirit otherwise known as petrol increased year-on-year, YoY, by 37.44 percent to N750.17 per litre in June 2024 from N545.83 per litre recorded in the corresponding period of 2023. On a month-on-month, MoM basis, the average retail price decreased by 2.53 per cent from N769.62 per litre [&he...
•National Bureau of Statistics complex The National Bureau of Statistics says the retail price of a litre of diesel increased from N836.91 in February 2023 to N1,257.06 in February 2024. The statistics office stated this in its latest Diesel Price Watch for February 2024 released in Abuja today. It stated that the February 2024 price […...
•A Lagos market The inflation rate has moved to 31.70 per cent in February, according to the latest data by the National Bureau of Statistics (NBS). The Bureau released the figure today, with the latest data showing a rise from the 29.90 per cent recorded in January 2024. According to the ‘Consumer Price Index and […]
•Bags of rice The average price of 1kg of local rice sold loose jumped by a whopping 98 per cent in one year, according to data obtained from the Nigerian Bureau of Statistics (NBS). The report ‘Selected Food Prices Watch (January 2024)’, said the rise indicated a rise of 98 per cents in price on […]

