Nigeria Diversifies Beyond Oil, But Crude Still Matters to Government Revenue
Nigeria’s economy is becoming increasingly driven by non-oil activities, with the latest Gross Domestic Product data showing that the sector ...
Tag: NBS
When Inflation Cools, Should Your Salary Rise?
For Taye Bamgbade, a 48-year-old banker in Lagos, having a salary no longer guarantees that the money will stretch to ...
Nigeria’s Quiet Export Winners Are Reshaping the Trade Story
Nigeria’s export story is changing beneath the attention given to cocoa and other familiar agricultural commodities, with raw materials and ...
Nigeria’s Food Import Bill Hits ₦3.30tn as Rice Prices Ease but Wheat Costs Stay High
Nigeria’s food market is showing early signs of relief, with rice prices easing from their January levels, even as the ...
Nigeria’s Cut-Flower Exports Jump 157% in Q2
Nigeria’s exports of cut flowers and flower buds rose sharply in the second quarter of 2026, highlighting an agricultural trade ...
Borno’s Falling Food Prices Clash With Deepening Hunger Crisis
Borno State recorded Nigeria’s lowest food inflation rate in August 2026, with food prices falling on both a yearly and ...
Nigeria Inflation Slows to 15.39% as Food Prices Ease
Nigeria’s headline inflation rate eased to 15.39% in August 2026 as the pace of increase in food prices slowed sharply, ...
Nigeria’s ₦12.6tn Trade Surplus Raises Oil Dependence Concerns
Nigeria recorded a merchandise trade surplus of ₦12.6 trillion in the second quarter of 2026, more than double the ₦6.26 ...
Nigeria’s Cocoa Boom Is Hiding a Production Crisis
Nigeria’s cocoa export earnings have surged, but the numbers mask a deeper weakness in the sector: the country has yet ...
NBS Says Nigeria Recorded N12.6trn Trade Surplus In Q2
Nigeria recorded a merchandise trade surplus of N12.60 trillion in the second quarter of 2026, according to the latest Foreign ...
