NBS
Nigeria’s Inflation Rises to 15.69% in April as Food and Transport Costs Surge
Nigeria’s headline inflation rate rose to 15.69 per cent in April 2026, up from 15.38 per cent recorded in March, driven largely by...
Rail Passenger Revenue Surpasses Federal Government Target in 2025
Revenue generated from rail passengers in 2025 exceeded the Federal Government’s target, signaling gradual recovery and growth in Nigeria’s rail transport sector despite...
Food Inflation in Nigeria Drops to 8.89 Percent in January, Providing Relief to Households
Stakeholders have reacted positively to the January inflation figures released by the National Bureau of Statistics (NBS), which showed a decline in food...
NBS Rebases CPI, Updates Basket to Reflect Modern Nigerian Consumption
The National Bureau of Statistics (NBS) has overhauled its Consumer Price Index (CPI), removing outdated consumption items and adding new products to reflect...
NBS to Normalise December 2025 Inflation Data Over Rebasing-Induced Spike
The National Bureau of Statistics (NBS) has announced plans to “normalise” Nigeria’s inflation data for December 2025 following projections of a sharp spike...
