NBS

Nigeria’s Gross Domestic Product (GDP) grew by 4.43 percent year-on-year in real terms in the second quarter of 2026, according to the latest data released by the National Bureau of Statistics (NBS).

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...

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...

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...

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...

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...

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...

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...

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...

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...