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Tag: NBS

Price of kerosene shoots up to N1,769.86 per litre in July - NBS

Business, Metro

Price of kerosene shoots up to N1,769.86 per litre in July – NBS

In addition, the NBS said analysis by zone showed that the South-South recorded the highest average retail price per litre…
Nigerians purchase PMS at higher prices in July - NBS

Business

Nigerians purchase PMS at higher prices in July – NBS

The National Bureau Statistics (NBS) says the average retail price paid by consumers for Premium Motor Spirit (Petrol) for July 2024…

Business, Top Stories

Breaking: Nigeria’s inflation rate plummets to 33.40% in July

According to the NBS, in July 2024, the headline inflation rate eased to 33.40% relative to the June 2024 headline…
Prices of garri, tomatoes, others drop in Anambra, Ebonyi, Enugu

News

NBS report indicates significant rise in food prices in June

The NBS said this in its Selected Food Prices Watch report for June 2024 released in Abuja on Tuesday. The…
Inflation moves up in Nigeria

Business, Top Stories

Breaking: Nigeria’s inflation jumps to 34.19% in June

According to NBS, In June 2024, the headline inflation rate increased to 34.19% relative to the May 2024 headline inflation…
CBN

Headlines

N721 billion cash paid as bribes to Nigerian public officials in 2023- NBS

According to the report released on Thursday, in 2023, out of all citizens who paid a bribe, 8.6 per cent…
Otu

Metro

Cross River rubbishes NBS report which rated State number one in child labour

According to the data, Cross River, Yobe, Abia, Plateau and Taraba are are top five with 58.6, 58.9, 60.1, 62.6,…
Cooking gas

News

Nigeria records 6.29 per cent increase in kerosene price

“The North-Central recorded the lowest average price per gallon of kerosene at N4,634.60 ,” the NBS said.
NBS says the average retail price of a litre of diesel increased from N840.81 in March 2023 to N1341.16 in March 2024.

Business

Diesel price stands at N1341.16 in March 2024 – NBS

NBS stated this in its Diesel Price Watch for March 2024 released in Abuja on Thursday. The report said that…
Nigeria's inflation zooms to 33.2% in March

Business, Top Stories

Nigeria’s inflation zooms to 33.2% in March

According to the NBS, "In March 2024, the headline inflation rate increased to 33.20% relative to the February 2024 headline…
Cooking gas

News

NBS reveals cost of healthy diet

The NBS also said that in February, the average CoHD was highest in the South-West at N1, 157 per adult…
Nigeria's inflation climbs to 28.92% amidst rising food prices

Business, Top Stories

Nigeria’s inflation climbs to 28.92% amidst rising food prices

On a year-on-year basis, the NBS said the headline inflation rate was 7.58% points higher compared to the rate recorded…

News

88% of Nigerian workers are self-employed – NBS

“The Unemployment rate in urban areas was 5.9% in Q2 2023, an increase from 5.4% in Q1 2023. Time-related underemployment…

News

93% of women in Jigawa shun contraceptives — NBS

93 percent of women in Jigawa State neglected to use any contraceptive method in 2021, says the National Bureau of…
Inflation

Business, Top Stories

Nigeria’s inflation rate jumps to 26.72% in September

According to NBS report, in September 2023, the headline inflation rate increased to 26.72% relative to the August 2023 headline…
Nigeria's inflation jumps to 25.80%

Business, Top Stories

Nigeria’s inflation jumps to 25.80% in July

According to the report, in August 2023, the headline inflation rate increased to 25.80% relative to the July 2023 headline…
Inflation

Business, Top Stories

Nigeria’s inflation skyrockets to 24.08% in July

The NBS, in its report on Tuesday said in July 2023, the headline inflation rate rose to 24.08 per cent…
Nigeria's inflation jumps to 22.79 percent, as prices of food shoot up

Business, Top Stories

Nigeria’s inflation jumps to 22.79 percent, as prices of food shoot up

The NBS said in June 2023, the headline inflation rate rose to 22.79% relative to May 2023 headline inflation rate…
Inflation goes up in Nigeria

Business, Headlines

Nigeria’s inflation soars to 22.41 percent in May

According to the NBS, in May 2023, the headline inflation rate increased to 22.41% relative to April 2023 headline inflation…
Inflation

Business, Top Stories

Nigeria’s inflation soars to 22.04% in March

According to the NBS, the headline inflation rate rose to 22.04% compared to February 2023 headline inflation rate which was…

Business, News

Nigeria’s GDP grows by 3.54% in 2022 second quarter 

The NBS said this growth rate declined from 5.01% in the second quarter of 2021 when rapid growth was recorded…
Contrary to recent reports, the Nigerian government on Friday insists it has not suspended plans to remove petroleum subsidy by June, 2023

Business, News

FG hits N600bn VAT in second quarter of 2022 – NBS

According to the report, this shows a growth rate of 1.96 per cent on a quarter-on-quarter basis from N588.59 billion…

Business, News

Nigeria’s inflation shoots up to 17.71 percent in May

This is 0.89 percent higher than that of April which stood at 16.82 percent.
Nigeria's inflation

Business

Nigeria’s inflation rises to 15.92% in March

According to the report, in March 2022, the consumer price index, (CPI) which measures inflation increased to 15.92 per cent on…

Business

Nigeria’s inflation rate hits 12.26 percent

Nigeria's inflation rate has hit 12.26 percent in March 2020, the National Bureau of Statistics reports on Tuesday.
Ecobank

Business, News

Ecobank, Standard Chartered lead in capital importation to Nigeria

National Bureau of Statistics (NBS) says Ecobank Nigeria and the local unit of Standard Chartered Bank have joined Stanbic IBTC…

Business, News

Nigeria’s GDP grows by 2.28 percent

Nigeria's Gross Domestic Product (GDP) grew by 2.28%(year-on-year), in real terms, in the third quarter of 2019, says the National…

News

Rail passenger traffic drops in Q1 – NBS

The National Bureau of Statistics (NBS) said that rail passenger traffic dropped in the first quarter of this year, compared…
Crude oil field

Headlines

Foreign trade volume hits N32.26trn in 2018 – NBS

The Nigerian National Bureau of Statistics (NBS), said the country recorded a total trade value of N32.26 trillion year-on-year in…

News

Nigeria’s inflation drops by 0.07 percent in January – NBS

Nigeria's inflation dropped by 0.07 percent in January 2019, the National Bureau of Statistics reports.