THE National Bureau of Statistics (NBS) says the average retail price per litre of household kerosene paid by consumers in July was N1,769.86. According to its kerosene price watch released on Tuesday, this shows an increase of 13.81 percent compared to N1,555.11 recorded in June. “On a year on-year …
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THE prices of major staple foods in Nigeria such as beans, yam, potato, plantain and tomato have risen by over 250% in the last one year. This is according to the latest Food Price Watch from the National Bureau of Statistics (NBS) which states that the price of beans soared …
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NIGERIA’s active internet subscribers increased by 4.33 per cent to 164,368,292 in the first quarter of 2024, from 157,551,104 in the corresponding quarter last year. The National Bureau of Statistics, NBS, disclosed this on Monday in its Telecom Data report. According to the report, the total number of active voice …
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THE nation’s headline inflation rate has risen for the 18th straight month in May, 2024, to 33.95 percent, relative to the 33.69 percent recorded in April, 2024. According to the Consumer Price Index (CPI) report released by the National Bureau of Statistics (NBS), on Saturday, the headline inflation rate showed …
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THE National Bureau of Statistics (NBS) says the average retail price of a litre of petrol increased from N254.06 in April 2023 to N701.24 in April 2024. The bureau said this in its Petrol Price Watch for April 2024, released in Abuja on Tuesday. It said that the April 2024 …
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PRICE of a 50-kilogram bag of rice (locally parboiled) has decreased by 19 per cent to N68,000 from N84,000 in February. This is despite rising food inflation. Trojan News surveys at Dutse and Kubwa (village) markets in Abuja showed that the prices of a 50kg bag of rice, such as …
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AS May approaches, over half of Nigeria’s crude oil cargoes remain unsold, signaling potential economic turbulence and underscoring the impact of global market dynamics on Africa’s once leading oil producer. With more than 30 out of 53 scheduled cargoes yet to find buyers, Nigeria faces significant challenges in a competitive …
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THE National Average Cost of a Healthy Diet (CoHD) per adult a day stood at N938 in February, 2024, the National Bureau of Statistics (NBS) said in a report. The NBS revealed this in its CoHD report for February, 2024 released on Friday in Abuja. The bureau said the CoHD …
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THE National Bureau of Statistics (NBS) says the All-commodity group import index on average increased by 0.79 per cent in Q4 2023. This was according to the NBS Commodity Price Indices and Terms of Trade for Q4 of 2023 released in Abuja on Thursday. The report said the increase could …
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THE average airfare paid by passengers for specified routes for a single journey increased by 18.03 per cent, year-on-year. The National Bureau of Statistics, NBS, disclosed this in its latest Transport Fare Watch for February 2024. According to the report, airfare (single route) rose to N88,000.00 in February 2024 compared …
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