NBS
28 Jan
The National Bureau of Statistics (NBS) has explained that the plan to rebase the country’s gross domestic product (GDP) and the consumer prices index (CPI) is not to satisfy any interest but to ensure that economic indicators accurately reflect the evolving structure of the economy.
28 Jan
The Statistician-General of Nigeria, Adeyemi Adeniran, has urged civil society organisations (CSOs) to promote accurate information about the ongoing rebasing of Nigeria’s Gross Domestic Product (GDP) and Consumer Price Index (CPI). Speaking at a sensitisation workshop in Abuja, Adeniran emphasised the importance of dispelling misinformation as the rebased figures are set to be released this…
27 Jan
The National Bureau of Statistics (NBS) has explained that the plan to rebase the country’s gross domestic product (GDP) and the consumer price index (CPI) is not to satisfy any interest but to ensure that economic indicators accurately reflect the evolving structure of the country’s economy. The Statistician General of the Federation (SG), Prince Semiu…
21 Jan
National Bureau of Statistics (NBS) has said it decided to rebase the Gross Domestic Product (GDP) and the Consumer Price Index (CPI) because of the dynamism of the economy in terms of growth and recession.
20 Jan
no The National Bureau of Statistics (NBS) has said that it took the decision to rebase the gross domestic product (GDP) and the consumer price index (CPI) because of the dynamism of the economy in terms of growth and recession. It also promised to unveil the rebased GDP and CPI by the end of January…
20 Jan
The National Bureau of Statistics has announced that it is set to unveil the Rebased Consumer Price Index (CPI) report by the end of January 2025. This move is part of the NBS’s ongoing efforts to provide accurate and updated data to support informed decision-making. A statement signed by Joel Ichedi, Director of Communication and…
15 Jan
Nigeria's galloping food inflation eased to 39.84 per cent in December 2024 from the 39.93 per cent recorded in November, according to the Consumer Price Index (CPI) data released by the National Bureau of Statistics (NBS). The NBS also reports that December headline inflation rose marginally by 0.20 per cent to 34.80 per cent from…
10 Jan
The National Bureau of Statistics (NBS) has announced that the newly rebased Gross Domestic Product (GDP) figures will be unveiled by the end of January 2025.
9 Jan
The National Bureau of Statistics (NBS) has announced that the newly rebased Gross Domestic Product (GDP) figures will be unveiled by the end of January 2025. The NBS stated this on Thursday during a sensitisation workshop on GDP and the Consumer Price Index (CPI) rebasing, organized by the Nigerian Economic Summit Group (NESG) and the…
8 Jan
It is just one week to the release of the December 2024 inflation figures, but there is still no hope that the website of the National Bureau of Statistics (NBS), which shut down over three weeks ago, will be active by then. The NBS, on December 18, 2024, announced to the nation that its website…
7 Jan
The decline in the country’s real sector performance as reported in the 2024 third-quarter gross domestic product (GDP) publication of the National Bureau of Statistics (NBS) did not come as a surprise to many Nigerians
6 Jan
The website of Nigeria's data agency, the National Bureau of Statistics (NBS), has been inaccessible weeks after it suffered a cyberattack. The NBS website was hacked on December 18, 2024, more than two weeks after filing this report. The NBS thereafter confirmed the development in a post it shared on its X account, urging Nigerians…
Latest
NOW
The Police Command in Benue has arrested 18 suspects in connection with cultism, child trafficking, armed robbery, and vandalism. The command made the disclosure in a statement signed by the Commissioner of Police (CP), Mr Steve Yabanet, and made available to newsmen on Tuesday in Makurdi. Yabanet said that the command on February 9, received…
16 mins ago
The Federal Government has set aside ₦100 billion in the proposed 2025 budget to install solar mini-grids in selected federal universities, teaching hospitals, and government institutions, pending approval by the National Assembly. The Managing Director of the Rural Electrification Agency (REA), Abba Aliyu, confirmed the initiative under the National Public Sector Solarisation Initiative, a programme…
17 mins ago
Some residents of New Nyanya in Karu Local Government Area of Nasarawa State, have attributed the high rate of teenage pregnancy to poor parental upbringing and neglect. The residents, who spoke in separate interviews with the News Agency of Nigeria (NAN) in New Nyanya on Tuesday, also attributed the problem to a lack of moral…
28 mins ago
A 5.2-magnitude earthquake rattled Morocco with no reported damage or casualties, the state media said Tuesday, sparking panic nearly a year and a half after a quake killed thousands. Citing Morocco's National Institute of Geophysics, the official MAP news agency said the earthquake struck the northwestern province of Ouezzane at 11:48 pm (2248 GMT) on…
40 mins ago
Former Kaduna State Governor Nasir El-Rufai, in an Op-Ed posted on his verified account on X (formerly known as Twitter) on Tuesday, has issued a stark warning to supporters of the All Progressives Congress in the South West, cautioning that they are "playing with fire" as the political landscape prepares for the 2027 general elections.…
43 mins ago
Jigawa state executive council has approved the reviewed legislative amendments of its environmental policy in order to address critical environmental issues and promote sustainability. Mr Sagir Musa, the state Commissioner for Information, Youth, Sports and Culture, disclosed the outcome of the executive council meeting to newsmen on Tuesday in Dutse. Musa said that the reforms…
1 hour ago
Nigeria on Tuesday recorded an improved ranking in the Corruption Perception Index (CPI), moving from 145th to 140th among 180 countries assessed. Nigeria gained one point in Transparency International's latest rankings. The CPI, which ranks 180 countries based on perceived levels of public sector corruption, uses a scale from 0 (highly corrupt) to 100 (very…
1 hour ago
MRS Oil Nigeria Plc has reduced its pump price from N970 to N925 in Lagos. The petroleum company announced this on X. The pump price is, however, higher in the company's outlets in other regions. For instance, in other parts of Southwest, the pump price in MRS stations is fixed at N935. It is sold…
1 hour ago
Musawa Local Government Area of Katsina State has engaged the services of 75 Islamic scholars to seek divine intervention towards ending terrorism and related ills in the area and state as a whole. The Executive Chairman of the area, Dr Habib Abdulkadir, made this known in an interview with newsmen. The council area is amongst…
1 hour ago
The Oyo State Government, in partnership with the United Nations Children's Fund (UNICEF) has launched a four-year Multi-Sectoral Strategic Plan of Action on Food and Nutrition (OYSMPFAN) to tackle malnutrition and hunger among children and women in the state. The Commissioner for Budget and Economic Planning, Prof. Misbaudeen Babatunde, launched the project in Ibadan.…