National Bureau of Statistics (NBS

The data showed that road tax collections fell by N16.22bn, or 40.42 percent, from N40.14bn in 2023 to N23.92bn in 2024 before rebounding by N25.96bn, or 108.53 percent, to N49.88bn in 2025.

June 29 (THEWILL) — The average cost of maintaining a healthy diet in Nigeria rose to N1,589 per adult per day in April 2026, reflecting continued increases in food prices across most food groups, according to the latest Cost...

June 24 (THEWILL) — Nigerian households received only marginal relief in cooking fuel costs in May 2026, as the average retail price of household kerosene declined slightly from the previous month, but remained significantly higher than levels recorded a...

June 15, (THEWILL) — Nigeria’s manufacturing sector generated ₦329.59 billion in Value Added Tax (VAT) revenue in the first quarter of 2026, reinforcing its position as one of the country’s most significant sources of non-oil tax revenue despite a...

May 26 (THEWILL) — Nigeria’s trade sector accounted for 17.89 percent of the country’s Gross Domestic Product (GDP) in the first quarter of 2026, reinforcing its position as one of the largest drivers of economic activity despite persistent macroeconomic...

March 12, (THEWILL) — Nigeria’s rail transport system recorded a decline in passenger traffic but an increase in cargo movement in the fourth quarter of 2025, according to the latest data released on Thursday by the National Bureau of...

March 04, (THEWILL) — Nigeria’s Value Added Tax (VAT) revenue rose to ₦2.28 trillion in the third quarter of 2025, marking a 10.66 per cent increase from the ₦2.06 trillion recorded in the preceding quarter, according to the National...

December 22, (THEWILL) — The average retail price paid by consumers for Premium Motor Spirit (PMS), popularly known as petrol, declined by 12.59 percent year-on-year to ₦1,061.35 in November 2025, a latest data released by the National Bureau of...

December 11, (THEWILL) — Nigeria’s total merchandise trade reached ₦38,936.55 billion in the third quarter of 2025, the National Bureau of Statistics (NBS) disclosed Thursday. According to the data from the Foreign Trade in Goods Statistics for Q3 2025, released...

November 17, (THEWILL) — Nigeria’s headline inflation rate eased to 16.05% in October 2025, down from 18.02% recorded in September, according to the latest Consumer Price Index (CPI) report released on Monday by the National Bureau of Statistics (NBS). The...