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National Bureau of Statistics - Page 2

Cooking Gas Price In Nigeria Rose By 38.63%, New NBS Report Reveals

The price of 12.5kg cooking gas jumped by 38.63 per cent year-on-year, rising to N10,277.17 in January 2023, from N7,413.25 recorded the same month last year. On a month-on-month basis, the retail price rose by 0.28 per cent, hitting N10,277.17 in January

February 24, 2023

Fuel, Bread, Others Push Nigeria's Inflation Rate To 22.41%, NBS CPI Report Shows

Business

NBS: IMF Tackles Nigeria’s ‘Outdated’ Inflation Rate Data

The monthly consumer price index (CPI) of the National Bureau of Statistics (NBS) has come under criticism from the International Monetary Fund (IMF). In a report titled; Nigeria: 2022 Article IV Consultation’, the IMF said the NBS is using the 2003/2004 National

February 21, 2023

Domestic Airplane Ticket Rises By 97.09%, As Inflation, Dollar Rate, Others Bite

Business·Insights

Domestic Airplane Ticket Price Rises By 97.09%, As Inflation, Dollar Rate, Others Bite

The National Bureau of Statistics (NBS) has disclosed in its Transport Fare Watch report for November 2022 that the average cost of domestic airplane tickets in Nigeria rose by 97.09 per cent year-on-year last month. According to the Transport Fare Watch report,

December 27, 2022

Business

Nigerians Spend More On Food, As Inflation Hits 21.47% In November

The National Bureau of Statistics (NBS) has revealed that Nigeria’s inflation was 21.47 per cent in November, surpassing the 21.09 per cent reported in October 2022. According to the NBS Consumer Price Index CPI) report, this is 6.07 per cent points higher

December 15, 2022

10 Nigerian States With Highest Food Inflation In June 2025

Business

Kwara Leads States With Highest Food Inflation In Nigeria For September

The National Bureau of Statistics (NBS) has released the top three states with highest food inflation rate, as the country records 23.34% rate in September 2022, rising from the 23.12% recorded in August. This followed the hike in Nigeria’s Consumer Price Index

October 18, 2022

More Woes For Nigerians As Cooking Gas Price Rises By 70%

Business

Residents In Taraba, Adamawa, Lagos Pay Highest Price For Gas

The National Bureau of Statistics (NBS) has revealed that residents in Taraba, Adamawa, and Lagos State paid more for gas in August, compared to Katsina, Ogun and Yobe where the price of the commodity was low. In a monitoring report, Cooking Gas

September 21, 2022

Business

3.54% GDP: Telecoms, 5 Other Sectors Save Nigerian Economy From Crashing, As Oil Industry Shrinks Again

Telecommunication, Trade, and other non-oil sectors came to the rescue of Nigeria’s economy, as the oil sector contract in size in the second quarter (Q2) of 2022, extending its depreciation from the first quarter (Q1) of this year. In the first quarter,

August 26, 2022

KPMG Predicts Nigeria’s Debt Crisis To Worsen, Proffers Solution

Business

Akwa Ibom Leads Nigerian States With Highest Inflation Rate

The National Bureau of Statistics (NBS) has released its Consumer Price Index (CPI) report for July 2022, disclosing the states that has the highest inflation rate across Nigeria. In the inflation data released on Monday, the National Bureau of Statistics (NBS) reported

August 15, 2022

Business·Markets

Yam, Meat, Other Food Prices Soar, As Nigeria’s Inflation Rate Hits 5-year Highest Cost Of Living

Food prices in Nigeria skyrocketed by 5.6% in June, as Nigeria’s inflation soared to 18.6%, the highest level in five years, reflecting the government’s inability to curb rising cost of living in Nigeria. The National Bureau of Statistics (NBS) revealed the inflation

July 15, 2022

Business·Oil & Gas

Russia-Ukraine War: Buhari’s Gov’t Spends N947.51 billion On Fuel Subsidy In 4 Months

Nigeria spent N947.51 billion on petrol subsidy within the first four months of this year, as rising crude oil price eats into the revenue generation of the country, surging by 55.7%, to rise from $78.98 to $122.99 between January to April, amid

June 9, 2022

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National Bureau of Statistics - Page 2

Cooking Gas Price In Nigeria Rose By 38.63%, New NBS Report Reveals

NBS: IMF Tackles Nigeria’s ‘Outdated’ Inflation Rate Data

Domestic Airplane Ticket Price Rises By 97.09%, As Inflation, Dollar Rate, Others Bite

Nigerians Spend More On Food, As Inflation Hits 21.47% In November

Kwara Leads States With Highest Food Inflation In Nigeria For September

Residents In Taraba, Adamawa, Lagos Pay Highest Price For Gas

3.54% GDP: Telecoms, 5 Other Sectors Save Nigerian Economy From Crashing, As Oil Industry Shrinks Again

Akwa Ibom Leads Nigerian States With Highest Inflation Rate

Yam, Meat, Other Food Prices Soar, As Nigeria’s Inflation Rate Hits 5-year Highest Cost Of Living

Russia-Ukraine War: Buhari’s Gov’t Spends N947.51 billion On Fuel Subsidy In 4 Months

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National Bureau of Statistics - Page 2

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