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Transport Fare Dropped In October as Fuel Price Rises – NBS

Transport Fare Dropped In October as Fuel Price Rises - NBS The National Bureau of Statistics has stated that there was a -16.48 per cent drop in the price of transportation fare within city in October. The NBS in its transport fare report said the drop...

Cooking Gas Price Rises 9.6% in States

Cooking Gas Price Rises 9.6% in States The price of Liquefied Petroleum Gas, LPG, otherwise known as cooking gas, rose by 9.6 percent month-on-month, MoM, to N12,000.00 (12.5kg) in November 2023 from N10,500 recorded last month. Checks by Economic Confidential revealed that the current price was...

NBS: Air Travel Fare Rises N78,778 in October – Report

NBS: Air Travel Fare Rises N78,778 in October - Report The National Bureau of Statistics says average air travel fare grew year-on-year (YoY) by 7.6 percent to N78,778 in October 2023 from N73,198 in October 2022. Disclosing this in its Transport Fare Watch for October 2023,...

Petrol Retail Price Rose to N630.63 in October – NBS

Petrol Retail Price Rose to N630.63 in October – NBS   The National Bureau of Statistics (NBS) says the average retail price of a litre of petrol increased from N195.29 in October 2022 to N630.63 in October 2023. It made the declaration in its Petrol Price Watch...

Nigeria’s Inflation Hits 27.33% as Food Prices Soar

Nigeria’s Inflation Hits 27.33% as Food Prices Soar   Nigeria’s annual inflation rate rose to 27.33 per cent in October from 26.72 per cent in the previous month, the National Bureau of Statistics (NBS) said Wednesday. The statistics office said the October 2023 headline inflation rate showed...

Oil Sector Attracted Zero Foreign Investment in Q2, 2021 – NBS

Oil Sector Attracted Zero Foreign Investment in Q2, 2021 - NBS   The oil and gas sector in the country failed to attract any foreign investment for the first time in Q2 2021, amid the global push for cleaner energy, according to the National Bureau of...