Nigeria's Petrol Price Drops 15.6% Year-on-Year
According to the National Bureau of Statistics (NBS), Nigeria has experienced a 15.6% year-on-year decrease in petrol prices.
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According to the National Bureau of Statistics (NBS), Nigeria has experienced a 15.6% year-on-year decrease in petrol prices.

The Nigerian National Bureau of Statistics (NBS) reported that the average price of fuel in Nigeria increased to N1,051.47 per litre in February, a 1.62 percent rise from January.

Nigeria's inflation rate saw a slight decrease to 15.06% in February, down by 0.04% from the previous month, according to data released by the National Bureau of Statistics (NBS).

Nigeria's exports experienced a 5.3% decline in the fourth quarter of 2025, primarily driven by a drop in crude oil exports, while imports increased, according to the National Bureau of Statistics (NBS). Despite this, the country recorded a ₦1.71 trillion trade surplus.

According to the National Bureau of Statistics (NBS), Nigeria’s capital importation climbed to $6.01 billion in the third quarter of 2025. The post CPPE speaks on capital importation surge, raises structural concerns appeared first on Premium Times Nigeria.

Nigeria's National Bureau of Statistics (NBS) has reported that the average price of petrol increased significantly to N1,288.54 per litre in March. This rise reflects ongoing economic pressures and fuel subsidy adjustments in the country.
The National Bureau of Statistics (NBS) has announced that the price of petrol in Nigeria has decreased by 15.6% to ₦1,051.

Nigeria's inflation rate saw a marginal decrease to 15.06 percent in February, down from 15.1 percent recorded in January, according to the latest data released by the National Bureau of Statistics (NBS).

…Despite 132% surge in total importation By Yinka Kolawole Capital inflows into Nigeria’s manufacturing sector suffered a sharp decline in the first nine months of 2025 (9M’25), even as overall capital importation into the country recorded a huge surge, figures from the National Bureau of Statistics (NBS) have shown. According to the data, capital importation into the […] The post Manufacturing’s share of capital inflows shrinks to 2.76% appeared first on Vanguard News.

The chairman of the National Bureau of Statistics (NBS) lauded President Tinubu's economic reforms during the commissioning of the organization's new headquarters. He asserted that these reforms were crucial in preventing inflation from reaching 120%.

By Yinka Kolawole Nigeria’s textile exports plunged sharply in 2025, dropping by 55.25 per cent to N16.55 billion from N36.98 billion recorded in 2024, even as the country’s importation of textile products surged significantly within the same period. Data obtained from the National Bureau of Statistics (NBS) showed that while export earnings from textile products declined […] The post Textile exports crash 55.3% to N16.55bn as imports hit N1.06trn appeared first on Vanguard News.

Nigeria’s food and beverage imports surged by N1.07 trillion to N7.65 trillion in one year, according to the National Bureau of Statistics (NBS), highlighting persistent challenges in local production.

The average retail price of Automotive Gas Oil (AGO), commonly known as diesel, declined to ₦1,361.57 per litre in January 2026, down from ₦1,501.58 recorded in January 2025, according to the National Bureau of Statistics (NBS). The post Diesel price falls 9.32% year-on-year to ₦1,361.57 in January — NBS appeared first on Vanguard News.