After Subsidy Removal Fuel Import Decline by 1billion Litres – NBS The country’s monthly petrol import was reduced by about 1 billion litres after President Bola Tinubu removed fuel subsidy in June, a report by the National Bureau of Statistics has shown. The NBS report indicated...

Diesel Sold at N1,153 Per Litre in January 2024 – NBS The National Bureau of Statistics (NBS) says the average retail price of a litre of diesel increased from N828.82 in January 2023 to N1,153.01 in January 2024. NBS stated this in its Diesel Price Watch...

How Foreign Loans Make Up 59% Of $4bn Capital Importation   No less than 59.1 per cent of capital importation into the country in 2023, amounting to $2.31bn, was foreign loans, according to the latest capital importation report released by the National Bureau of Statistics. According to...

NRC Generates N287m From Cargo Haulage In Three Months – NBS   The Nigerian Railway Corporation (NRC) earned N286.78m from cargo transported by rail in the third quarter of 2023, according to the National Bureau of Statistics. NBS in its latest rail transportation report stated that this...

Kerosene Averaged N1,362 per litre  in December 2023 – NBS   Consumers in December 2023 experienced a spike in the average retail price of kerosene reaching N1,362.27 per litre nationwide. This marked a 5.84 per cent increase compared to the N1,287.10 recorded in November 2023. The latest...

Price of Rice Rises 81% in One Year, Onions Rise 123% - NBS The National Bureau of Statistics report has indicated that the price of 1 kilogram (Kg) of rice increased year-on-year, YoY, by 81 percent to N917.93 in December 2023 from N506.17 in the...