1.46 billion litres of Petrol Produced by Local Refineries in Four Years - NBS The National Bureau of Statistics says Nigeria could only produce 1.46 billion litres of petrol From 2015 to 2019 due to low refining capacity caused by the country’s inactive refineries. It disclosed...

Prices of Key Staple Food Items Drop in August – NBS The average prices of 11 key staple food items in Nigeria saw a noticeable decline compared to the previous month. This is according to the National Bureau of Statistics (NBS) food price report for August...

NBS Reveals Nigerians Paid 64.58% More For Diesel in August   The average retail price of Automotive Gas Oil, popularly called diesel, in Nigeria surged by 64.58 per cent year-on-year, reaching N1,406.05/litre in August 2024 compared to the N854.32/litre recorded in the same month last year. This...

Cooking Gas Price Increases by 69% in August  The average retail price for refilling a 12.5kg cylinder of Liquefied Petroleum Gas (Cooking Gas) increased by 69.15% from N9,194.41 in August 2023 to N15,552.56 in August 2024, on a year-on-year basis. According to the National Bureau Of...

CBN Allocates $2.9bn to Oil Sector The Central Bank of Nigeria (CBN) has released a total sum of $2.97bn to oil sector players for the importation of petroleum products and other related items into the country. The amount released between 2022 and the first quarter of...

Rail Transport Earns N1.69 billion in Q2 – NBS The Nigerian rail system generated N1.69bn in revenue from passengers in the second quarter of 2024, reflecting a 53.14 per cent increase compared to the N1.10bn recorded in the same period of 2023. This data was disclosed...