NBS

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…

The National Bureau of Statistics (NBS), has revealed that prices of selected food items increased in July. It made the declaration in its Selected Food Prices Watch Report for July 2022 released in Abuja on Monday, August 22. The…

The trade relationship between China and Nigeria has been reaffirmed as being dominated by China, with the bilateral trade gap between the two countries expanding in China's favour. Nigeria's imports from Asia have steadily…

Nigeria’s inflation rate has continued to rise as Consumer Price Index (CPI), which measures inflation, increased to 18.17 per cent (year-on-year) in March 2021. Inflation rate is the rate at which prices increase over time, resulting in…

National Bureau of Statistics (NBS) has on Thursday said Nigeria’s Gross Domestic Product recorded a slight growth of 0.11 per cent grew in Quarter Four (Q4) 2020, from the 6.11 per cent contraction in Q3, signaling a gradual recovery…

Nigeria recorded a princely 12.2 billion dollars capital inflow in 2017, according to the National Bureau of Statistics (NBS). The NBS made the disclosure in its “Nigeria Capital Importation for Fourth Quarter and Full Year 2017 Report”…