Nigeria’s headline inflation is projected to rise to 16.73 per cent in January 2026, marking what analysts expect to be the highest level this year before a steady decline toward single digits. The forecast, released by United Capital Research on Monday, represents an increase from 15.15 per cent recorded in December 2025 by the National …
Nigeria’s headline inflation rate climbed to 15.15 per cent in December 2025, according to the National Bureau of Statistics (NBS). The statistics agency disclosed this in a statement issued on Thursday, December 15, noting that the latest inflation figures follow the completion of a rebasing exercise. It explained that the report is now based on …
Nigeria spent ₦4.13 trillion on the importation of Premium Motor Spirit (PMS), commonly known as petrol, in the first half of 2025. This is according to data released by the National Bureau of Statistics (NBS). According to the NBS data, Nigeria spent ₦1.76 trillion on the importation of Motor Spirit Ordinary (fuel) in the first …
By Esther Ososanya Nigeria imported N146.11 billion worth of motorcycles in the first quarter of 2025, a surprising 24.4% increase from the N117.4 billion spent in the same period of 2024, according to the latest Foreign Trade in Goods Statistics released by the National Bureau of Statistics (NBS). The motorcycles, identified by the NBS as …
