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Tag Archives: National Bureau of Statistics

Nigeria’s total trade for Q2 2026 stood at N41.44bn – NBS

The National Bureau of Statistics (NBS) says Nigeria’s total merchandise trade stood at N41,444.89 billion in the second quarter of 2026. This is according to the NBS Foreign Trade in Goods Statistics Report for Q2 2026 released in Abuja on Monday. This shows an increase of 5.61 per cent from …

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Nigeria’s inflation rate drops to 15.43% in July – NBS

The National Bureau of Statistics (NBS) says Nigeria’s headline inflation rate dropped to 15.43 per cent in July. The NBS disclosed this in its Consumer Price Index (CPI) and Inflation Report for July released in Abuja on Monday The report said that the July headline inflation rate showed a decrease …

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Nigeria’s total trade for Q1 2026 stood at N34.78bn – NBS

The National Bureau of Statistics (NBS) says Nigeria’s total merchandise trade stood at N34,788.59 billion in the first quarter of 2026. This is according to the NBS Foreign Trade in Goods Statistics Report for Q1 2026 released in Abuja on Monday. This shows a decrease compared to the value of …

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Nigeria’s inflation rises to 15.69% in April – NBS

The National Bureau of Statistics (NBS) says Nigeria’s headline inflation rate increased to 15.69 per cent in April 2026. The NBS said this in its Consumer Price Index (CPI) and Inflation Report for April 2026 released in Abuja on Friday. According to the report, the figure represents a 0.31 percentage …

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Naira ranks ninth weakest currency in Africa — Forbes report

THE Nigerian Naira has been ranked as the ninth weakest currency in Africa, according to a Forbes currency calculator report for September 2025, underscoring the lingering pressure on Nigeria’s economy despite recent signs of easing inflation. The Forbes currency calculator, which sources real-time foreign exchange market data via the Open …

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Nigeria plans financial autonomy for NBS, says Lawmaker

THE Chairman of the House Committee on National Planning, Rep. Gboyega Isiaka, has announced plans to grant the National Bureau of Statistics (NBS) financial autonomy to strengthen its operations and independence. He made the disclosure on Friday in Abuja while hosting a delegation from the Liberian House of Representatives during …

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Nigeria’s GDP improves by 3.13% in Q1 2025 – NBS

THE National Bureau of Statistics (NBS) says  Nigeria’s Gross Domestic Product (GDP) grew by 3.13 per cent on a year-on-year basis in real terms in the first quarter of 2025. The Statistician-General (S-G) of the Federation, Adeyemi Adeniran, made the announcement at a news briefing on the Rebased GDP Results …

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Nigeria’s inflation rate further eases to 22.22% in June- NBS

The National Bureau of Statistics (NBS), says Nigeria’s headline inflation rate eased further to 22.22 per cent in June 2025. The NBS disclosed this in its Consumer Price Index (CPI) and Inflation Report for June 2025, which was released in Abuja on Wednesday. According to the report, the headline inflation …

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Price of Cooking Gas Increases

THE price of cooking gas has increased to about N1,577 per kilogram for a 5kg cylinder and around N1,621 per kilogram for a 12.5kg cylinder across Nigeria. Between March and April 2025, the cost to refill a 5kg cooking gas cylinder rose by nearly 8%, moving from roughly N7,322 in …

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Nigeria’s Headline Inflation Drops to 23.71 Per cent

NIGERIA’s headline inflation dropped to 23.71 per cent in April, relative to the March 2025 headline inflation rate of 24.23 per cent. According to the National Bureau of Statistics (NBS), the April 2025 Headline inflation rate showed a decrease of 0.52 per cent compared to that of March 2025. It …

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