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NBS - Page 3

Nigerians’ Household Spending Surges To N61.07 Trillion Despite Soaring Inflation- NBS

The National Bureau of Statistics (NBS) revealed in its Expenditure and Income Gross Domestic Product (GDP) report that Nigerians spent N61.07 trillion on household consumption in the first half of 2023. This figure represents a 2.83% increase compared to the same period

November 24, 2023

Business·News

Rising Food Prices Squeeze Budgets, Stir Concerns Among Nigerians

As food prices in Nigeria continue the relentless climb, latest data from the National Bureau of Statistics (NBS) reveals alarming spike in cost of essential items, leaving many struggling to afford basic needs. The NBS’s freshly released report, titled ‘Selected Food Prices

October 3, 2023

Business

Nigeria’s Unemployment Falls To 4.1% In Q1 2023, More Male Unemployed

The National Bureau of Statistics (NBS) has disclosed that Nigeria’s unemployment rate dropped in the first quarter of 2023, which falls between January to March. In a report titled; “NIGERIA LABOUR FORCE SURVEY 4TH QUARTER 2022 & 1ST QUARTER 2023,” the NBS

August 24, 2023

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 by 129 basis points from 22.79 per cent reported in

August 15, 2023

Nigerians Spend More On Air Travels As Ticket Prices Increases By 34.06% In One Year – NBS

Business·Transport

Nigerians Spend More On Air Travels As Ticket Prices Increase By 34.06% In One Year – NBS

The cost of air tickets increased by 34.06 per cent in the last one year, the Nigeria Bureau of Statistics (NBS) report for May 2023 has revealed. According to the NBS Transport Fare Watch for May 2023, the shows that airfare rose

July 5, 2023

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 Intending and Returned Migrant on the Dangers of Irregular Migration

May 18, 2023

10 Nigerian States With Highest Food Inflation In June 2025

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 was revealed in the NBS Consumer Price Index (CPI) report

May 15, 2023

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 price rose by 0.28 per cent, hitting N10,277.17 in January

February 24, 2023

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

Business

NBS: IMF Tackles Nigeria’s ‘Outdated’ Inflation Rate Data

The 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’, the IMF said the NBS is using the 2003/2004 National

February 21, 2023

Buhari's 8years in Office: No Better Way To Squander Goodwill

Business·Insights

Updated: At 21.34%, Nigeria’s Inflation Sees First Drop In 11 Months

The National Bureau of Statistics (NBS) has disclosed that inflation rate eased to 21.34 per cent in December 2022, down from 21.47 per cent recorded in November last year. According to the report released on Monday, the drop is put at 0.13

January 16, 2023

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NBS - Page 3

Nigerians’ Household Spending Surges To N61.07 Trillion Despite Soaring Inflation- NBS

Rising Food Prices Squeeze Budgets, Stir Concerns Among Nigerians

Nigeria’s Unemployment Falls To 4.1% In Q1 2023, More Male Unemployed

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

Nigerians Spend More On Air Travels As Ticket Prices Increase By 34.06% In One Year – NBS

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

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

NBS: IMF Tackles Nigeria’s ‘Outdated’ Inflation Rate Data

Updated: At 21.34%, Nigeria’s Inflation Sees First Drop In 11 Months

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