March 2024 Inflation Report: Nigeria’s Headline Inflation Rate Jumps to 33.20%
Nigeria’s Inflation Rate Climbs to 33.20% in March 2024 The National Bureau of Statistics has recently revealed that Nigeria’s headline […]
NBS
Nigeria’s Food Inflation Surges to 40.01% Annually, Driven by Price Hikes in Staple Foods
Nigeria is currently facing a significant challenge as food inflation has skyrocketed to 40.01 per cent annually, marking a 15-point
Nigeria’s Electricity Supply Surges by 14.64% in Q4 2023, Minister Blames Gas Constraints
Nigeria’s electricity supply saw a significant increase of 14.64% in the fourth quarter of 2023 compared to the previous year,
NESI Reports Decrease in Unmetered Electricity Customers in Q4 2023
In the Nigerian electricity supply industry, the number of unmetered electricity customers has decreased to 5.83 million in the fourth
Electricity Consumers Increase by 410,000 in Q4 2023: NBS Report
The number of electricity consumers has seen a significant increase, rising by 410,000 from 11.71 million in the third quarter
Nigeria’s Average Healthy Diet Cost Jumps to N938/Day in February
In February 2024, Nigeria saw a significant increase in the average cost of a healthy diet, with individuals now spending
Nigeria Airfares Surge by 18.03% in February 2024: NBS Report
Air travel costs in Nigeria have seen a significant increase, with the average airfare for specified routes rising by 18.03%
City Commuters Experience 46.98% Increase in Average Fare; Intercity Bus Journeys Up 75.48%
The latest Transport Fare Watch report from the National Bureau of Statistics reveals a significant increase in the average fare
African Business News
Diesel Price Watch: Average Cost Surges by 50.20% Amid Economic Hardship
The cost of diesel fuel has skyrocketed by over 50% in the past year, adding to the economic woes faced
NBS Report: Kerosene Prices Rise in February 2024, North-Central Highest at N1,486/Litre
The National Bureau of Statistics (NBS) has reported an increase in the average retail price of kerosene in Nigeria. According