Tag: National Bureau of Statistics (NBS)
NBS Website falls to Hackers, official updates suspended
The NBS, known for providing critical data and statistical reports for national development, warned citizens to ignore any information shared…
Food prices have soared in September – NBS
The report said that the South-South recorded the highest average price of sliced bread at N1,812.08, followed by the South-East…
Inflation rate drops to 32.15%
In its latest report, the NBS said the August 2024 headline inflation rate showed a decrease of 1.25% points.
We’ll no longer allow money to be stolen before acting – EFCC boss Olukoyede
In the EFCC we have been doing a lot of enforcement over the years and we are known for that…
Petrol price increased to N769.62 in May – NBS
Analysis by zones showed that the North-West Zone recorded the highest average retail price in May 2024 at N845.26, while…
Number of female inmates increased to 4.82% in 2022 – NBS
The NBS said that from 2020 to 2022, the percentage of females aged 26 to 35 trafficked was 87.86 per…
Nigeria’s inflation hits 27.33% in October, as prices of foodstuffs, goods climb up
According to report released by the National Bureau of Statistics (NBS) on Wednesday, the headline inflation rate in October 2023,…
Nigeria’s public debt stock increases to N87.38trn
It said that External debt stood at N33.25 trillion (43.16 billion dollars) in Q2 2023, while domestic debt was N54.13…
Unemployment figures: NBS go explain taya!
By Abimbola Adelakun Since the National Bureau of Statistics published figures that put the unemployment rate at 4.1 percent, they…
Nigeria’s unemployment rate crashes to 4 percent in new survey
The unemployment rate was 5.3% in Q4 2022 and 4.1% in Q1 2023 – This aligns with the rates in…
Nigeria’s inflation rate to hit 25%, says World Bank
According to the June 2023 issue of the Nigeria Development Update, the bank predicted a considerable increase in 2023 to…
Nigeria records N710bn VAT in Q1 2023 – NBS
The report, however, said, on a year-on-year basis, VAT collections in Q1 2023 increased by 20.56 per cent from Q1…
Nigeria’s GDP growth slows by 2.31% in Q1 2023 – NBS
According to the NBS, although the growth of the industry sector improved to 0.31 per cent relative to – 6.81…
Petrol price drops slightly to N254 per litre – NBS
According to the report, the April 2023 price of N254.06 indicated a 47.18 percent increase over the April 2022 price…
Cash crunch: Nigeria’s inflation rises to 21.91%
According to the National Bureau of Statistics (NBS), in February 2023, the headline inflation rate rose to 21.91% compared to…
Nigeria’s inflation plummets first time in 11 months
This is the first time the country's inflation has dropped since January 2022. There had been a steady increase from…
Poverty: NBS recommendations already addressed by Buhari – Fashola
The NBS in the report released in November on the poverty index had recommended investments in Health, Education and Infrastructure…
‘We are not poor,’ – Sokoto govt faults poverty rating
The National Bureau of Statistics (NBS) revealed that 133 million, or about 63 percent of Nigerians, are suffering from multidimensional…
Nigeria’s inflation hits 21.09 percent in October
According to the report, the figure is 5.09 per cent points higher compared to 15.99 per cent recorded in October…
NBS lists states with the highest increase in food items prices
The report showed that the highest average price of rice (local, sold loose) was recorded in Rivers at N621.61, while…
Food prices rose in July 2022 – NBS
The report stated also that the average price of 1kg of tomatoes increased on a year-on-year basis by 7.71 per…
Nigeria’s Inflation hits 19.64%, better than in Ghana, Ivory Coast
In comparative analysis, inflation rate in Nigeria is still far below what trends in West Africa, notably Ghana.
NBS: Statistician-General of the Federation not dead
“The fact of the matter is that the Statistician- General was slightly indisposed on Saturday and following medication is now…
Nigeria’s inflation rate drops to 15.60 percent
According to the NBS, The consumer price index, (CPI) which measures inflation increased to 15.60 percent (year-on -year) in January…
Nigeria’s economy grows by 4.03% in Q3
Harry explained that the negative GDP figures recorded in 2020 as a result of the COVID-19 pandemic had serious base…
Cooking gas, kerosene prices increase in August
A report obtained from the NBS’s website on Friday, said kerosene price increased by 0.67 per cent month-on-month and by…
Nigeria’s GDP grows by 5.01% in Q2 2021- NBS
According to it, the growth rate is higher than the -6.10 per cent growth rate recorded in Q2 2020 and…
VAT increases by N41.7bn – NBS
The National Bureau of Statistics (NBS) has said that Value Added Tax (VAT) increased by N41.7 billion in Quarter One…
IGR for Nigerian states drops to a new low
The National Bureau of Statistics (NBS) in a report said the Internally Generated Revenue (IGR) of Nigerian states in 2020…
Three Nigerian States with worst unemployment cases
The National Bureau of Statistics (NBS) has revealed three states in the country with worst unemployment cases in the fourth…