The inflation rate in Nigeria rose for the second consecutive month in October, reaching 33.88 percent, up from 32.70 percent recorded in September 2024. The National Bureau of Statistics (NBS) disclosed this in data released today in Abuja. The Central Bank of Nigeria (CBN) has raised interest rates five times this year in an effort […...
Domestic travellers paid 25 per cent more for air flights in July 2024, a new report by the Nigerian Bureau of Statistics (NBS) has said. The bureau in its Transport Fare Watch Report for July said domestic air fare rose by 25 per cent year-on-year (YoY) to ₦98,561.74 in July 2024 from ₦78.775.74 in July […]
The national average cost of a healthy diet increased to ₦1,241 in June 2024. This was revealed by the Nigerian Bureau of Statistics (NBS) in its latest edition of the ‘Cost Of Healthy Diet’ report for June. According to the report, the increase is 19.2 per cent higher than the amount recorded in the previous […]

