NBS
24 Nov
Inventory accumulation, a key indicator of manufacturers’ confidence in the state of the economy and future demand, fell by as much as 37.2 per cent in the second quarter (Q2) of the year, the latest Nigeria Gross Domestic Product...
31 Oct
As the festive season approaches, procuring 1kg bag of rice may become a tall order for an average Nigerian family due to its rising cost. Data from the National Bureau of Statistics (NBS) showed that the average price of 1kg of rice locally sold increased by 60.59 per cent...
26 Oct
The National Bureau of Statistics (NBS) said the average price of 5kg of cooking gas increased from N4,115.32 recorded in August 2023 to N4,189.96 in September 2023. This is contained in the Bureau’s “Cooking Gas Price Watch’’ for September 2023 released on Thursday in Abuja. The report said the September 2023 price represented a 1.81…
17 Oct 2023
The National Bureau of Statistics (NBS) says Nigeria’s headline inflation rate increased to 26.72 per cent in September 2023.
15 Sep 2023
The National Bureau of Statistics (NBS) says prices of food items such as beef, tomatoes, beans, and yams witnessed increases in July.
8 Sep 2023
The country’s total exports showed some improvement in the second quarter, increasing by 8.15 per cent when compared to the amount recorded in the first quarter of 2023 (N6.49 trillion), data released by the National Bureau of Statistics (NBS).
5 Sep 2023
The Federal Government realised N1.53 trillion from company income tax (CIT) in the second quarter (Q2), indicating a growth rate of 226.4 per cent from N469.01 billion it realised in the first quarter.
23 Aug 2023
There has been a welter of strong negative public opinions against the seemingly flip-flop attitude of President Bola Ahmed Tinubu over some of his planned policies targeted at addressing multi-dimensional poverty in the country.
15 Aug 2023
The National Bureau of Statistics (NBS) said Nigeria’s headline inflation rate increased to 24.08 per cent in July 2023. The NBS disclosed this in its Consumer Price Index (CPI) and Inflation Report for July , which was released in Abuja on Tuesday. According to the report, the figure is 1.29 per cent points higher compared…
11 Jul 2023
The general elections, which were held in the first quarter of 2023, and the uncertainty that came with them might have been responsible for the 28 per cent quarter-on-quarter (Q/Q) drop in the capital flow into the country in the first three months of the year.
5 Jul 2023
Ahead of the release of the Labour Force Survey by the National Bureau of Statistics (NBS), stakeholders have queried the accuracy of the new methodology, expected to reduce Nigeria’s unemployment figure.
25 May 2023
With a few days to the May 29 inauguration of the new administration in the country, it is glaringly evident that President Muhammadu Buhari-led Federal Government has successfully completed its constitutional two terms of eight years.
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