HomeTagsNBS

Tag: NBS

Inflation Rises to 15.38% in March — NBS

Nigeria’s headline inflation rate rose to 15.38 per cent in March 2026, up from 15.06 per cent recorded in February, according to the latest Consumer Price Index (CPI) report by the National Bureau of Statistics (NBS), released on Wednesday.

Nigeria Imports N435bn Solar Panels – NBS

Data from the National Bureau of Statistics (NBS) showed imports remained significant across all quarters, with values of ₦125bn in Q1, ₦117bn in Q2, ₦92bn in Q3, and ₦101bn in Q4.

FDI Lags Behind Amidst Surge in 2025 Capital Inflows

FDI Lags Behind Amidst Surge in 2025 Capital Inflows   Foreign direct investment (FDI) accounted for less than four per cent of total capital imported into Nigeria in 2025, despite a significant increase in overall foreign inflows, data from the National Bureau of Statistics has shown. The...

Food Inflation Returns to Double Digits at 12.12%

Nigeria’s food inflation rate rose to 12.12% in February 2026, reversing the single-digit level recorded in January and signalling renewed pressure on household food costs.

Crude Export Drop Pushes Trade Surplus Down to N1.7tn

Crude Export Drop Pushes Trade Surplus Down to N1.7tn Nigeria’s merchandise trade surplus fell sharply to N1.71tn in the fourth quarter of 2025, down from N3.42tn recorded in the corresponding period of 2024, as declining crude oil exports and rising imports narrowed the country’s positive...

Nigeria’s VAT Revenue Increases to N2.28trn in Q3 2025

Nigeria’s VAT Revenue Increases to N2.28trn in Q3 2025 Nigeria’s Value Added Tax (VAT) revenue rose to N2.28 trillion in the third quarter of 2025, marking a 10.66% increase from N2.06 trillion in the previous quarter, according to the National Bureau of Statistics (NBS). The figure...