Category : Search result: NBS inflation report


Nigeria's N777 Billion Arms Import Bill Revealed

National Bureau of Statistics data shows Nigeria spent N776.9 billion on arms imports from 2020-2025, with 2024 recording the highest expenditure at N520 billion amid rising insecurity.

Nigeria's Inflation Falls to 16.05% in October

Nigeria's inflation rate declines to 16.05% in October 2025, marking the seventh consecutive month of decrease. Food inflation shows significant improvement while urban areas face slight pressure.

Inflation falls to 16.05% in October 2025

Nigeria's inflation rate drops to 16.05% in October 2025, marking the lowest level since 2017. Discover how food prices and policy changes are driving this positive trend.

34.7 Million Nigerians Projected Food Insecure by 2026

A new report reveals 34.7 million Nigerians across 27 states will face food insecurity between June and August 2026. Farmers incur massive losses despite government interventions, threatening future food production.

Regina Daniels' Brother Accuses Ned Nwoko of Forgery

Regina Daniels' brother Sweezy makes shocking allegations against Ned Nwoko, accusing him of fabricating medical reports, marriage certificate, and voter's card. Read the full details of this explosive family drama.

Nigeria's Data Breaches Soar 10x in Q3 2025

Nigeria faces a cybersecurity crisis with 566,300 accounts breached in 2025. A new Surfshark report reveals a tenfold increase in leaks, putting millions at risk of identity theft.

Senate Orders NNPCL to Refund N210 Trillion

Nigerian Senate demands NNPCL refund N210 trillion in unaccounted funds after CEO snubs hearing. Auditor-General's report reveals massive financial discrepancies from 2017-2023 operations.

Lagos Cuts Food Prices 25% for Christmas

Lagos State introduces 25% subsidy on rice, beans, garri and other essentials ahead of Christmas. Governor Sanwo-Olu's initiative aims to ease cost of living during festive season.

Tinubu Gets Plateau Killings Report, Vows Justice

President Bola Tinubu has received the official report on the devastating Christmas Eve attacks in Plateau State that claimed over 150 lives. Discover the government's urgent response plan.

68% of Nigerians bypass electricity meters - FG

Federal Government exposes massive electricity theft as majority of consumers illegally bypass prepaid meters, costing billions in revenue losses and threatening power sector stability.

Nigerian Stock Market Plunges Amid Economic Worries

Nigeria's financial markets experience significant downturn as rising interest rates, inflation fears, and job market instability spook investors. Key indices drop amid growing economic uncertainty.

1.97M New SIMs Deployed as Nigeria's Data Usage Dips

Latest NCC data reveals surprising telecom trends: SIM card registrations surge while data usage experiences unexpected decline, signaling shifting consumer behavior in Nigeria's digital landscape.

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