Custodians of Truth
In September 2023, Nigeria’s inflation rate reached 26.72% as a result of the skyrocketing food costs and the challenging economic conditions brought on by the termination of fuel subsidies in May. The National Bureau of Statistics (NBS) reported this in […]
According to an analysis of the “Selected Food Price Watch,” a report issued monthly by the National Bureau of Statistics, Ebonyi and Abia states were at the forefront as food prices increased by 31% between July 2022 and July 2023. […]
According to the National Bureau of Statistics’ latest report on foreign trade statistics, the overall value of trade dropped from N14.6 trillion in the first quarter of 2022 to N12.05 trillion in Q1 2023. Nigeria imported $5.56 trillion and exported […]
In a single year, air travel increased by 96.87%, according to the National Bureau of Statistics. The Bureau said in its “transport fare monitor” report from September 2022 that, on an annual basis, the average fare paid by air travelers […]
According to the National Bureau of Statistics, the average fare for water transportation in August 2022 increased to N974.26, an increase of 0.87 percent from N965.82 in July 2022. According to sources, Borno had the lowest water transport fare at […]
At Lagos State markets, traders and buyers were seen lamenting over the skyrocketed prices of food items as inflation across Nigeria hits 20.60 percent in June from 19.50 percent which was recorded in May. According to National Bureau of Statistics, […]