LAGOS, June 19, 2025 – The Nationwide Bureau of Statistics (NBS) has launched its Shopper Value Index (CPI) report for Could 2025, highlighting the states grappling with the very best meals inflation charges in Nigeria. Regardless of a nationwide decline in headline inflation to 22.97%, meals costs proceed to soar in sure areas, exacerbating … Read more
Top 10 Most Expensive States to Live in Nigeria in May 2025 | Cost of Living Insights Nigeria’s economic landscape in 2025 continues to face significant challenges, with inflation driving up the cost of living across the country. According to the National Bureau of Statistics (NBS), the headline inflation rate in May 2025 stood at … Read more
In a transformative shift for Nigeria’s energy landscape, the nation’s petrol import bill plummeted by 54% in the first quarter of 2025, dropping from N3.81 trillion in Q1 2024 to N1.76 trillion, according to the National Bureau of Statistics (NBS). This dramatic decline, also reflecting a 47% reduction from N3.3 trillion in Q4 2024, is … Read more