National Bureau of Statistics

Experts Urge Nigerian Govt To Adopt Multi-sectoral Approach In Tackling Inflation

Just In: Nigeria’s Inflation Rate Hits 33.2%- NBS

Nigeria’s inflation rate took another stride, hitting 33.2% in March 2024, marking a 1.5% jump from February’s 31.7%. Though the climb persisted, it was a tad slower compared to the prior month’s

Emmanuel Ochayi

2 weeks ago

Nigeria's GDP Growth Hit 2.51% In Second Quarter 2023 - NBS Reports

Business

Updated: Oil Sector Slows Nigeria’s Q2 GDP Growth, Economy Hits N52.10trn

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.

Fakoyejo Olalekan

8 months ago

Business

Kogi, Lagos Record Highest Rate, As Inflation Soar To 24.08% In July

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

Fakoyejo Olalekan

9 months ago

Fuel, Bread, Others Push Nigeria's Inflation Rate To 22.41%, NBS CPI Report Shows

Business

Nigeria’s Inflation Jumps To 22.41% On Fuel Price, Others

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

Fakoyejo Olalekan

11 months ago

REVEALED: Why UK, EU Countries, Others Reject Food, Drug Exports From Nigeria

Business

NBS Reveals Top Five Exporting, Importing Countries For Nigerians

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,

Fakoyejo Olalekan

11 months ago

Business

Nigeria’s GDP Underperforms, Economic Growth Falls To 2.31% In Q1

Nigeria’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

Fakoyejo Olalekan

11 months ago

Business

New Report Shows Hardship Forces Nigerians In Saudi Arabia, Benin To Return

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

Fakoyejo Olalekan

11 months ago

Nigeria, Other West African Countries To Endure Soaring Food Prices In 2024 - Report

Business

NBS Report Shows Nigeria’s Inflation Rate Hits 22.22%, Reveals Reasons For Increase

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

Fakoyejo Olalekan

12 months ago

Nigerian Oil Marketers Assure Stable Fuel Prices, NNPCL To Bear Under-recovery Costs

Business·Oil & Gas

Imo, Taraba Spent Highest On Petrol In Last 1 Year – Report

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

Victor Ezeja

1 year ago

Business·Oil & Gas

Cooking Gas Price In Nigeria Rose By 38.63%, New NBS Report Reveals

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

Fakoyejo Olalekan

1 year ago

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Just In: Nigeria’s Inflation Rate Hits 33.2%- NBS

Updated: Oil Sector Slows Nigeria’s Q2 GDP Growth, Economy Hits N52.10trn

Kogi, Lagos Record Highest Rate, As Inflation Soar To 24.08% In July

Nigeria’s Inflation Jumps To 22.41% On Fuel Price, Others

NBS Reveals Top Five Exporting, Importing Countries For Nigerians

Nigeria’s GDP Underperforms, Economic Growth Falls To 2.31% In Q1

New Report Shows Hardship Forces Nigerians In Saudi Arabia, Benin To Return

NBS Report Shows Nigeria’s Inflation Rate Hits 22.22%, Reveals Reasons For Increase

Imo, Taraba Spent Highest On Petrol In Last 1 Year – Report

Cooking Gas Price In Nigeria Rose By 38.63%, New NBS Report Reveals

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