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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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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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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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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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 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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THE National Bureau of Statistics (NBS) has released its first prices data, compiled through a groundbreaking crowd-sourcing initiative. This is contained in a statement by Mr Folorunso Alesanmi, Head, Public Relations, NBS, issued to newsmen on Tuesday in Abuja. According to the statement, the innovative approach to data collection marks …
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THE National Bureau of Statistics (NBS), says Nigeria’s headline inflation rate rose to 24.23 per cent in March 2025. The NBS disclosed this in its Consumer Price Index (CPI) and Inflation Report for March 2025, which was released in Abuja. According to the report, the headline inflation showed an increase …
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THE National Bureau of Statistics (NBS), says Nigeria’s headline inflation rate eased to 23.18 per cent in February 2025. The NBS disclosed this in its Consumer Price Index (CPI) and Inflation Report for February 2025, which was released in Abuja on Monday. According to the report, the headline inflation showed …
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NIGERIA’s headline inflation rate has dropped to 24.48% year-on-year in January 2025, following the rebasing of the Consumer Price Index (CPI), according to data released by the National Bureau of Statistics (NBS). There is a decline in the general price level of goods and services compared to 34.80% in December …
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