Nigeria · Consumer markets
Nigeria’s statistics bureau reported a national average of NGN 2,144.05 for a kilogram of loose local rice in April 2025. Brown beans averaged NGN 2,429.39 per kilogram.
Sources checked
Each bar is the price of one kilogram. The table shows how the same goods changed across three periods.
Nigeria exported NGN 802.99 billion in agricultural goods in Q2 2026. In-shell cashews led at NGN 268.62 billion, ahead of standard-quality cocoa beans at NGN 154.31 billion and sesame seeds at NGN 96.03 billion.
The Central Bank received 12,425 complaints in the second half of 2025. Electronic and card complaints remained the largest group, while account management complaints increased from 749 to 3,269 between the two halves of the year.
Outstanding consumer credit fell from ₦4.90 trillion at the end of 2024 to ₦3.78 trillion a year later in the Central Bank series. Its share of claims on the private sector fell from 8.28% to 6.60%.
Nigeria’s average April 2026 refill cost was NGN 8,706.93 for a 5 kg cooking gas cylinder and NGN 22,382.20 for a 12.5 kg cylinder. The most expensive state differed by cylinder size.
At the end of 2025, about 99% of depositors in the Central Bank’s grouped bank and mobile-money data were in the fully insured balance bracket. Their balances represented 11.71% of the value reported for that group.
Nigeria’s aviation authority recorded 4,765 delayed domestic flights in August 2026. Most were in the shortest published band, from 16 minutes to one hour. Another 1,964 were in the three longer bands, including 235 delays of three hours or more.
By June 2026, Nigeria’s electricity regulator counted 7.74 million metered accounts out of 12.59 million active registered customers across 11 distributors. Eko and Ikeja had the highest coverage. Ibadan added the most meters in the quarter.
A kilogram of tomatoes averaged NGN 1,560.56 in May 2026, up 12.05% from a year earlier. Brown beans fell 43.61% year on year to NGN 1,344.93. The state and zone records show how wide the variation was within each product.
Nigeria imported NGN 14.42 trillion of goods in Q2 2026. Asia supplied 59.37% by value, with China alone accounting for 41.02%. Machinery and transport equipment was the largest published product group.
In the 2023/24 household survey, 61.7% of urban households reported owning a television, compared with 20.8% in rural areas. The same urban lead appeared for fans and fridges, while motorbikes and basic mobile phones were more common in rural households.
The 2023/24 household survey found that 77.2% of North West households had operated a nonfarm enterprise in the previous year. The North Central figure was 44.4%. Retail was the most common activity nationally, and only 13.1% of enterprises were reported as registered.
Food led Nigeria’s September 2026 household spending expectations, followed by transport and other household goods. The Central Bank survey showed negative readings for motor vehicles, houses and appliances.
In Nigeria’s 2023/24 household survey, 39.8% of households reported domestic remittances and 6.3% reported international remittances. The North West had the highest reported domestic share, while the South West led in transfers from abroad.
Nigeria’s telecom regulator recorded 420,989 active subscriptions in its internet service provider table for Q2 2026. About two-thirds of the reported total were wireless. Spectranet and Starlink accounted for about half of the total between them.
Nigeria’s telecom regulator recorded 1,603 mobile number transfers in September 2026. MTN had 437 more incoming than outgoing transfers, while T2 recorded 409 outgoing and zero incoming.
Nigeria recorded 1.73 million terabytes of data usage in September 2026, 51.0% more than in the same month of 2025. The regulator’s mobile technology mix showed 4G at 54.37% and 5G at 5.05%. Follow monthly traffic, broadband subscriptions and the technology mix side by side from January 2023.
Nigeria’s official petrol price watch put the national average at NGN 1,596.25 a litre in May 2026. The highest state average was NGN 1,722.91 in Edo and the lowest was NGN 1,469.83 in Adamawa.
Nigeria’s rail passenger count climbed to 3.89 million in 2025 from 3.14 million in 2024. The final quarter ran against that annual trend, with 9.32% fewer passengers and 16.30% lower passenger receipts than the same quarter one year earlier.
Nigeria’s trade activity grew 2.40% year on year in real terms in Q2 2026. Accommodation and food services grew 6.96%, telecommunications and information services 10.38%, and textiles, apparel and footwear contracted 1.23%.
Nigeria’s revised consumer price basket gives food and non-alcoholic beverages a 40.0% weight, compared with 51.8% in the former framework. Restaurants and accommodation rose from 1.2% to 12.9%, partly because meals away from home moved into that division.
Web payments made up the largest number of electronic retail transactions in the Central Bank’s December 2025 table. Point-of-sale transactions increased from 7.72 billion in the first half of 2025 to 7.94 billion in the second half.
The average fare for a sampled city bus trip was ₦1,431.25 in May 2026, up 38.63% from a year earlier. Zamfara recorded the highest city bus average and Abia the lowest. NBS prices city buses, intercity buses and motorcycle trips separately.
Nigeria’s services purchasing managers’ index fell from 53.2 to 52.7 in October 2026, still indicating expansion. New orders rose in finance and insurance but fell in trade, telecommunications and transport, even as trade respondents reported stronger business activity.
Start here