HomeTagsNBS

Tag: NBS

Asset Managers Project $18.3bn Digital Economy for Nigeria

Nigeria’s digital economy revenue is projected to reach $18.30bn by 2026, asset managers said, underscoring the growing role of technology, fintech, and artificial intelligence in driving economic growth.

Diesel Prices Increase by 23.98% — NBS

The average retail price of Automotive Gas Oil (diesel) in Nigeria rose by 23.98 per cent year on year to N1,813.81 per litre in June 2025, according to data released by the National Bureau of Statistics (NBS).

Nigeria’s Solar Panel Imports Drops to N92bn in Q3

Nigeria imported a total of N334.68bn worth of solar panels in the third quarter of 2025, analysis of the foreign trade report released by the National Bureau of Statistics (NBS) has shown.

Textile Imports Hit N814bn, Despite Govt’s Revival Pledge

Textile Imports Hit N814bn, Despite Govt's Revival Pledge   Nigeria’s textile imports rose to N814.27bn in the first nine months of 2025, despite repeated claims by the Federal Government that it is reviving the sector. Stakeholders noted that the rising importation signalled a weaker local industry...

Foreign Trade Surges, Surplus Hits ₦6.7trn in Q3 2025

Nigeria’s foreign trade has grown strongly under President Bola Tinubu, with exports rising, total trade expanding and trade surpluses recorded every quarter since mid 2023.

JUST IN: Again, Nigeria’s Inflation Rate Drops to 14%

The National Bureau of Statistics (NBS) says Nigeria’s headline inflation rate decreased to 14.45 percent in November 2025.