NBS

Nigerian household experiences electricity blackouts 6.7 times per week – Report 
Business & Economy

Nigerian household experiences electricity blackouts 6.7 times per week – Report 

Nigerian households experience an average of 6.7 electricity blackouts weekly, with each outage lasting 12 hours. This is according to…
Price of 5kg cooking gas rises to N6,915 in October, highest in north-east – NBS 
Business & Economy

Price of 5kg cooking gas rises to N6,915 in October, highest in north-east – NBS 

The average price of Liquefied Petroleum Gas (Cooking Gas) rose by 3.32% month-on-month, increasing from N6,699.63 recorded in September 2024…
Nigeria’s top ten foreign trade partners in H1 2024  
Business & Economy

Nigeria’s top ten foreign trade partners in H1 2024  

Nigeria’s foreign trade value in the first half of 2024 (H1 2024) reached N65.88 trillion, a substantial increase of 162.33%…
Price of locally produced rice to increase by 55% in 2025 – Report 
Business & Economy

Price of locally produced rice to increase by 55% in 2025 – Report 

The price of locally produced paddy rice is expected to surge by approximately 55% during the 2024/2025 season, exacerbating the…
Average cost preparing pot of jollof rice hits N21,579, 31% of minimum wage in September 
Business & Economy

Average cost preparing pot of jollof rice hits N21,579, 31% of minimum wage in September 

The average cost of preparing a pot of jollof rice in Nigeria has risen to N21,579, consuming roughly 31% of…
Top 10 states where Nigerians paid the most road taxes in 2023 
Business & Economy

Top 10 states where Nigerians paid the most road taxes in 2023 

Road taxes are one of the critical components of internally generated revenue (IGR) for Nigerian states. The 2023 IGR report,…
Foreign capital from BRICS countries into Nigeria rises by 189% in six months 
Business & Economy

Foreign capital from BRICS countries into Nigeria rises by 189% in six months 

Nigeria’s foreign capital inflows from BRICS nations have surged by 189% in the first half of 2024, amid the country’s…
Nigeria’s unemployment rate rises to 5.3% in Q1 2024 as economic woes linger  – Nairametrics
Business & Economy

Nigeria’s unemployment rate rises to 5.3% in Q1 2024 as economic woes linger  – Nairametrics

Nigeria’s unemployment rate in the first quarter of 2024 rose to 5.3%- a 0.3%-points increase from 5.0% in the third…
Top 10 most expensive states to live in Nigeria in August 2024 
Business & Economy

Top 10 most expensive states to live in Nigeria in August 2024 

The headline inflation rate in August 2024 stood at 32.15%, marking a slight decrease of 1.25%-points from 33.40% in July…
Nigeria’s inflation rate slows for the second consecutive month to 32.15% in August- NBS 
Business & Economy

Nigeria’s inflation rate slows for the second consecutive month to 32.15% in August- NBS 

Nigeria’s headline inflation rate eased to 32.15% in August 2024 down from the 33.40% recorded in July 2024, reflecting a…
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