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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NIGERIA’s inflation rate has decreased significantly to 24.48% year-on-year in January 2025, according to the latest data from the National Bureau of Statistics (NBS). Newsextra24 reports that this marks a sharp drop from the 34.80% inflation recorded in December 2024. The Statistician-General of the Federation, Adeyemi Adeniran, announced the new figure on Tuesday. He …
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In the ever-evolving dynamics of global economies, understanding the mechanisms and processes that provide accurate measurements of economic activity is essential. One such critical statistical exercise is the rebasing of Gross Domestic Product (GDP). For Nigeria, a country with a diverse and complex economic structure, GDP rebasing is more than …
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THE National Bureau of Statistics (NBS) has stated that the rebasing of Nigeria’s Consumer Price Index (CPI) and Gross Domestic Product (GDP) will commence by the end of January. A statement by NBS Director of Communication & Public Relations, Ichedi Sunday Joel, said the reports for both economic index and …
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…North West leads with 14.4m cases, North Central follows with 8.8m incidents …Victims cite lack of confidence in law enforcement agencies …Senators questions governors’ huge security votes THE National Bureau of Statistics has revealed that Nigerians paid a total of N2.23trillion as ransom over the 12 months between May 2023 …
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THE National Bureau of Statistics (NBS), says Nigeria’s Gross Domestic Product (GDP) grew by 3.46 per cent in the third quarter of 2024 on a year-on-year basis. The NBS said this in the Nigerian Gross Domestic Product Report Q3 2024 released in Abuja. According to the report, this growth …
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By Kunle Sanni THE National Bureau of Statistics (NBS) has reported that 58 percent of Nigerian households are connected to the national electricity grid, according to its latest report, the Nigeria Residential Energy Demand Side Survey (NREDSS) 2024, released on Wednesday in Abuja. The survey, conducted across nine states—Akwa Ibom, …
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