Crude Oil Accounts for Over 56% of Nigeria’s Exports in Q3 2025 — NBS

Nigeria’s export earnings in the third quarter of 2025 were once again powered overwhelmingly by crude oil, with the commodity generating about ₦12.81 trillion and reinforcing the petroleum sector’s grip on the country’s foreign trade, according to new figures released by the National Bureau of Statistics (NBS). Data from the NBS Foreign Trade in Goods […]

NBS Report: Nigeria Records Sharp Inflation Drop to 16.05% in October 2025

Nigeria’s battle against stubborn price pressures showed a major breakthrough in October 2025, as new data from the National Bureau of Statistics (NBS) revealed that headline inflation dropped to 16.05%, down from 18.02% in September. The announcement, made on Monday, marks the country’s lowest inflation reading since 2017, signalling a potential turning point for an […]