Kerosene: Price Per Litre Increased By 0.42% Month-on-month – NBS       According to the data recently released by the National Bureau of Statistics (NBS), the average price per litre paid by consumers for National Household Kerosene increased by 0.42% month-on-month and by 9.27% year-on-year, from N346.53...

Diesel, Cooking Gas Prices Rose In July, Says NBS   The average prices of diesel and Liquefied Petroleum Gas, also known as cooking gas, rose last month after declining in June, according to the National Bureau of Statistics. The latest data obtained from the NBS showed that...

Non-oil Imports Exceed Exports By 463% The first quarter trade statistics have shown that Nigeria’s non-oil imports by sea surpassed exports by over 463 per cent. This is despite government’s efforts in the last four years to diversify the economy from oil (Nigeria’s major revenue source)...

Nigeria Spent N40trn On Food Imports In 21yrs - NBS   National Bureau of Statistics Data have shown that Nigeria spent over N40trn on food imports in 21 years to meet domestic consumption. Data from the National Bureau of Statistics (NBS) and Central Bank of Nigeria...

In June, Inflation Rate Drops To 11.22%   The National Bureau of Statistics on Monday released the consumer price index, which measures inflation with the index dropping year on year from 11.40 per cent in May to 11.22 per cent in June. The bureau in the report...

NBS, Experts Tango Over Falling Consumer Prices In June   Economists yesterday faulted the report by the National Bureau of Statistics (NBS) that that consumer prices fell last month. The experts, who spoke in Abuja, contended that Nigeria at the moment had not got an economy or...