26 States Attract Zero Investments in One Year – NBS A report by the National Bureau of Statistics (NBS) has revealed that 26 out of the 36 states in the country did not receive any form of foreign investments over a one year period. The bureau...

Discos Revenue Rise by 61.4% After 230% Electricity Tariff Hike   Revenues earned by electricity Distribution Companies (Discos) in Nigeria have risen by over 61.4 per cent after the Nigerian Electricity Regulatory Commission (NERC) approved a 230 per cent tariff increase for Band ‘A’ customers nationwide...

Cost of Healthy Diet Rises by 28%, NBS Reports The rising cost of maintaining a healthy diet has put a strain on many Nigerians, as the average daily cost of a healthy diet in the country reached N1,255 per adult in August 2024, according to...

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...