Tag: National Bureau of Statistics (NBS)
VAT Hits N2.42 Trillion as Tinubu’s Tax Reforms Begin to Deliver Results
The latest Value Added Tax (VAT) report released by the National Bureau of Statistics (NBS) provides strong evidence that Nigeria’s…
Rice, beans, eggs record fresh price hike in March
The National Bureau of Statistics (NBS) says the average price of a 50kg bag of local rice increased by 20.5…
Nigeria records 3.38 million displaced persons across 14 states
The bulletin also placed Nigeria’s population at 221.25 million in 2023, based on projections from the National Population Commission. Kano…
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…