NBS

Inflation eases to 15.43% as food prices jump in July
Happening Now

Inflation eases to 15.43% as food prices jump in July

Nigeria’s headline inflation rate fell to 15.43 percent in July 2026, extending the recent slowdown in overall price increases, but…
Textile import hit ₦1.1trn as Nigeria debates industry revival
Happening Now

Textile import hit ₦1.1trn as Nigeria debates industry revival

Nigeria’s textile import bill has climbed sharply as local manufacturers struggle with high production costs, weak infrastructure and shortages of…
Nigeria’s inflation rate falls to 14.45% in November, NBS data shows
Happening Now

Nigeria’s inflation rate falls to 14.45% in November, NBS data shows

Nigeria’s inflation rate picture continued to soften in November, but fresh data shows that price pressures remain uneven beneath the…
Car imports rebound as Nigeria hits ₦1.01tn in nine months
Business

Car imports rebound as Nigeria hits ₦1.01tn in nine months

Nigeria’s passenger motor car imports staged a notable recovery in 2025, rebounding to ₦1.01tn in the first nine months of…
Nigeria has 89 million poor people, second-highest in the world — Yemi Kale
Happening Now

Nigeria has 89 million poor people, second-highest in the world — Yemi Kale

Nigeria’s economic realities are biting harder, with soaring food prices, fuel costs, and shrinking household incomes leaving millions in despair.…
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