Nigeria’s Gross Domestic Product (GDP) grew by 2.51 per cent (year-on-year) in real terms in the second quarter of 2023, up from 2.31 per cent recorded in the first quarter of 2023.
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Inflation rate in Nigeria soared to 24.08 per cent in July, the National Bureau of Statistics (NBS) has revealed in its Consumer Price Index (CPI) report. The NBS disclosed that inflation accelerated
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The National Bureau of Statistics (NBS) has revealed that Nigeria’s inflation rate climbed to N22.41% in May 2023, up from 22.22% in April. Similarly, the Urban inflation rate soared to 23.74% last
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The National Bureau of Statistics (NBS) has revealed the top five exporting countries for Nigerians in the first quarter (Q1) of 2023. In a foreign trade report, NBS stated that the Netherlands,
MoreNigeria’s Gross Domestic Product (GDP) grew by 2.31 per cent in the first quarter (Q1) of 2023 but underperforms when compared to previous quarters. In its ‘Nigerian Gross Domestic Product Report Q1
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The National Bureau of Statistics (NBS) has revealed that hardship drove many Nigerians that travelled to Saudi Arabia and Benin Republic back to Nigeria. In a report titled; ‘Awareness and Perception of
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The National Bureau of Statistics (NBS) has disclosed that the headline inflation rate in Nigeria rose to 22.22 per cent in April 2023, against the 22.04 per cent reported in March. This
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The National Bureau of Statistics (NBS) report shows that Imo State paid the highest average retail price of N332.67 per litre for petrol. This was followed by Taraba at N330.00 and Borno
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The price of 12.5kg cooking gas jumped by 38.63 per cent year-on-year, rising to N10,277.17 in January 2023, from N7,413.25 recorded the same month last year. On a month-on-month basis, the retail
MoreThe monthly consumer price index (CPI) of the National Bureau of Statistics (NBS) has come under criticism from the International Monetary Fund (IMF). In a report titled; Nigeria: 2022 Article IV Consultation’,
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