NBS

Lagos Food Prices Mixed In June As Titus Fish Soars 93 Percent, Rice, Cooking Gas Ease

July 2 (THEWILL) — Food prices across major Lagos markets posted mixed movements in June, with higher prices for fresh produce offset by declines in several household staples as supply conditions gradually improved. The latest Nairametrics Food Price Watch, which...

Nigerians Pay 55 Percent More For Petrol Than A Year Ago – NBS

June 24 (THEWILL) — The average retail price of Premium Motor Spirit (PMS), popularly known as petrol, rose to ₦1,596.25 per litre in May 2026, highlighting the continued pressure of fuel costs on households and businesses despite signs of...

Petrol Prices Surge 55% to N1,596 per Litre in May — NBS

June 24 (THEWILL) — The average retail price of Premium Motor Spirit (petrol) rose by 55.31 percent year-on-year to N1,596.25 per litre in May 2026, according to the National Bureau of Statistics (NBS) latest report. The figure was higher...

Manufacturing Capital Inflows Drop 51 Percent To $152.3m In Q1 2026 As Portfolio Flows Dominate

June 04, (THEWILL) — Nigeria’s manufacturing sector recorded a sharp decline in foreign capital inflows in Q1 2026, even as total capital importation into Nigeria surged to its strongest level in recent periods. Data released by the National Bureau of...

Food Prices Ease As Garri, Beans Record Sharp Declines In April

June 02, (THEWILL) — Prices of key food staples fell significantly in April 2026, offering consumers some relief from persistent cost-of-living pressures as food inflation continued to moderate across Nigeria. Data from the National Bureau of Statistics (NBS) showed that...

Manufacturing Rebounds as Sector’s GDP Contribution Rises to 9.57% in Q1 2026

May 26 (THEWILL) — Nigeria’s manufacturing sector staged a strong rebound in the first quarter of 2026, with its contribution to real Gross Domestic Product (GDP) rising sharply to 9.57 percent, signalling renewed industrial momentum after a weak...

Nigeria’s Economy Grows By 3.89% In Q1 2026 As Agriculture Rebounds — NBS

May 25 (THEWILL) — Nigeria’s economy expanded by 3.89 percent year-on-year in real terms in the first quarter of 2026, signalling a stronger economic performance compared to the 3.13 percent growth recorded in the corresponding period of 2025, according...

Cooking Gas Prices Rise Nationwide as 5kg Refill Hits ₦7,655 in March – NBS

April 30, (THEWILL) — Nigeria’s average retail price for Liquefied Petroleum Gas (LPG), popularly known as cooking gas, recorded significant increases in March 2026, according to the latest Price Watch report released by the National Bureau of Statistics...

Average Petrol Cost Rises 22.55% to ₦1,288/Litre in March — NBS

April 29, (THEWILL) — The National Bureau of Statistics (NBS) has reported a sharp increase in the average retail price of Premium Motor Spirit (PMS), popularly known as petrol, with consumers paying an average of ₦1,288.54 per litre...

Manufacturing Sector Boosts Nigeria’s Tax Revenue With ₦881bn CIT Contribution In 2025

April 09, (THEWILL) — Nigeria’s manufacturing sector contributed ₦881.29 billion in Company Income Tax (CIT) in 2025, underscoring its growing role in supporting government revenue and industrial expansion. According to the latest figures from the National Bureau of Statistics (NBS),...
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Footballers Call For Change At Fifa As Gianni Infantino Faces Growing Pressure

group of current and former footballers has publicly called for change at the top of world football, saying major decisions are being made without enough consideration for players or supporters.
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