NBS

Nigeria’s headline inflation has dropped to 24.48% year on year in January 2025. This is a sharp decline from the 34.80% headline inflation recorded in December 2024. This is according to the National Bureau of Statistics (NBS).…

Bolstered by demands synonymous with the festive season, Nigeria’s headline inflation rate jumped to 34.80% in December 2024 from 34.60% in November 2024, the National Bureau of Statistics said Wednesday. The apex government data…

Nigerians paid ₦2.23tn as ransom to kidnappers in twelve months. The National Bureau of Statistics (NBS) said the payments were made between May 2023 and April 2024. According to the NBS’s latest Crime Experience and Security…

The National Bureau of Statistics says Nigeria’s inflation rate rose to 34.6 percent in November — up from 33.8 percent in October. In its consumer price index (CPI) report for November published on Monday, NBS said the rate…

Lack of money has left two-thirds of households in Nigeria grappling with the reality of not being able to provide healthy and nutritional meals, a survey by the National Bureau of Statistics, NBS has revealed. The NBS survey titled,…

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…