NBS

Importation of Premium Motor Spirit (PMS) also known as petrol dropped by 3.5 billion litres in the last year, data gathered from the National Bureau of Statistics (NBS) has shown. In the latest petroleum products distribution…

A newly published report by the National Bureau of Statistics (NBS) has indicated a decline in Nigeria’s headline inflation rate to 33.40 per cent in July 2024 from 34.19 per cent in June 2024. The development marks the first since…

Nigeria’s inflation rate in June 2024 surged from 33.95% in May 2024 to 34.19% in June according to the latest report from the National Bureau of Statistics, (NBS). The headline inflation rate in June 2024 increased by 0.24% points…

Nigeria’s inflation rate jumped to 33.20% in March 2024 compared to February 2024 headline inflation rate which was 31.70%. This was according to the National Bureau of Statistics (NBS)’s Consumer Price Index (CPI) report released on…

Nigeria’s inflation rate rose to 31.70 per cent in February from 29.90 per cent recorded in January 2024. This figure indicates an increase of 1.80 per cent, the National Bureau of Statistics said in its latest CPI and inflation…

The National Bureau of Statistics (NBS) released its "Nigeria Labour Force Survey Q3 2023" report on Monday, revealing a concerning rise in the country's unemployment rate. According to the report, unemployment climbed to 5.0% in Q3…

The country’s inflation rate is now at 28.9 %, according to figures from the National Bureau of Statistics (NBS). This was disclosed in the NBS December 2023 Consumer Price Index (CPI) which was released on Monday afternoon. The…

Nigeria’s inflation rate jumped to 27.33% in October 2023 as prices of food stuffs continue to increase in the aftermath of the removal of fuel subsidy by the President Bola Tinubu administration. This was according to the October…

Nigeria’s inflation rate rose to 26.72% in September 2023 amid soaring food prices and harsh economic realities occasioned by the removal of fuel subsidy in May. This was according to the September 2023 Consumer Price Index (CPI) and…

Kogi, Lagos, and Rivers are the most expensive states to live in, according to inflation rates for August 2023, according to the most recent Consumer Price Index statistics issued by the Nigeria Bureau of Statistics. Kogi had the…

The National Bureau of Statistics (NBS) announced in April 2023 that it intended to implement a new approach that complied with the most recent International Labour Organisation (ILO) recommendations for calculating labour force…

The National Bureau of Statistics (NBS) says Nigeria’s unemployment rate dropped to 4.1 percent in the first quarter (Q1) of 2023, from 5.3 percent recorded in the previous quarter. In the fourth quarter (Q4) of 2020, the bureau had…

The National Bureau of Statistics (NBS) reported that in July 2023, the headline inflation rate in Nigeria increased to 24.08 percent. This is the largest reported leap seen in 2023. Inflation was 22.79% in June, but it has since…

The National Bureau of Statistics (NBS) said on Saturday that rising food prices was triggered by Nigeria's annual inflation rate to increase for the third consecutive month, to 22.04 percent in March from 21.91 percent the month…

133 million Nigerians live in poverty on multiple fronts, according to the National Bureau of Statistics (NBS) The NBS stated in its most recent National Multidimensional Poverty Index Report, released on Thursday, that 63% of…