NBS

NBS
Business & Economy National News

Nigeria’s Inflation Rate Eases To 15.39% In August — NBS

Nigeria’s headline inflation rate eased marginally to 15.39 per cent in August 2026, down from 15.43 per cent recorded in July, according to the National Bureau of Statistics (NBS). The NBS disclosed this in its Consumer Price Index (CPI) report released on Tuesday, noting that the latest figure represents a 0.04 percentage-point decline from the

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Business & Economy National News

Nigeria’s Inflation Eases Marginally to 15.39% in August – NBS

Nigeria’s headline inflation rate fell marginally to 15.39 per cent in August 2026, from 15.43 per cent recorded in July, according to the National Bureau of Statistics (NBS). The latest figure, contained in the NBS Consumer Price Index (CPI) report released on Wednesday, represents a 0.04 percentage-point decline in the headline inflation rate. The bureau

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Business & Economy Special Focus

Why Falling Petrol Prices Are Yet to Ease Nigerians’ Cost of Living

By Ozumi Abdul Nigeria’s petrol market has witnessed a dramatic shift in just two months. After hitting a record national average of N1,596.25 per litre in May 2026, according to the National Bureau of Statistics (NBS), pump prices have gradually declined following a series of price cuts by the Dangote Refinery and other marketers.By July

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