•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 […]
•Cooking gas cylinders A newly released report by the Nigerian Bureau of Statistics (NBS) has said the price of the Liquefied Petroleum Gas (LPG) otherwise known as cooking gas increased by 12 per cent from N4,589 in one year. The report titled ‘Liquefied Petroleum Gas (Cooking Gas) Price Watch (January 2024)’, said while the price […]...
Consumers in December 2023 experienced a spike in the average retail price of kerosine reaching N1,362.27 per litre nationwide. This marked a 5.84 per cent increase compared to the N1,287.10 recorded in November 2023, reports The PUNCH. The latest report of the Nigerian Bureau of Statistics obtained today indicates on a year-on-year basis, the...
•Inflation rate Inflation closed 2023 at a 21-year high of 28.92 per cent, the National Bureau of Statistics has disclosed. In December 2023, Nigeria’s headline inflation rate rose to 28.92 per cent from 28.20 per cent in November 2023. This signified a 0.72 percentage point increase when compared to November 2023. According to inflation data ...
Nigeria’s total capital importation fell by 36.45 per cent and down to $654.65 million in the third quarter of 2023 from $1,030.21 million in second quarter of same year. National Bureau of Statistics (NBS) disclosed this in its recent data on the country’s capital importation in third quarter. Still, NBS revealed that on a year-to-year [&hell...
The National Bureau of Statistics (NBS) today Tuesday, December 26, said that average airfare paid by passengers rose by 61.27% in 12 months. Its report titled: “Transport Fare Watch for November 2023,” which made the disclosure yesterday noted that “On a year-on-year basis, the fare rose by 61.27% from N3,848.48 in November 2022.” The NBS [&h...
The National Bureau of Statistics (NBS), says the average retail price of a litre of petrol increased from N202.48 in November 2022 to N648.93 in November 2023. NBS said this in its Petrol Price Watch for November 2023 released in Abuja yesterday. It stated that the November 2023 price of N648.93 represented a 220.49 per […]
The National Bureau of Statistics (NBS) today Friday, December 15, said the inflation rate rose from 27.33% in October 2023 to 28.20% in November 2023. This was contained in its document tagged: “CPI and Inflation Report November 2023.” The report said: “In November 2023, the headline inflation rate increased to 28.20% relative to October 2023...