RECENT data from the National Bureau of Statistics (NBS) have shown a continuous rise in headline inflation rates. Comparing February 2024 to January 2024, the headline inflation rate surged to 31.70%, marking a notable increase from the previous month’s rate of 29.90%. This indicates a faster rate of increase in …
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NIGERIA’s agricultural sector has seen its exports soar to a remarkable N1.23 trillion in 2023, according to the latest foreign trade reports from the National Bureau of Statistics (NBS). This figure marks a significant 53% increase from the N583.3 billion recorded in 2022, underscoring the sector’s pivotal role in the …
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THE National Bureau of Statistics (NBS) has identified the top ten states with the highest number of internet users in Nigeria. Records on the NBS database as of Sunday, February 25, 2024, indicated that there were a total of 163.8 million internet subscribers across the country. The figures, according to …
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THE latest inflation report by the National Bureau of Statistics (NBS) has revealed Nigeria’s headline inflation rose to 28.92 per cent in December from the 28.20 per cent recorded in November 2023. The report, released by the statistics bureau on Monday, detailed that food inflation also rose to 33.93 per …
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IN real terms, Nigeria’s GDP increased by 2.54% year over year in the third quarter of 2023, according to data released by the National Bureau of Statistics. The report released by NBS on Friday detailed that the growth rate is higher than the 2.25 per cent recorded in Q2, 2022, …
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NIGERIA’s inflation has increased to 25.80 per cent in August from 24.08 per cent recorded in July. The National Bureau of Statistics disclosed this on Friday in its latest Consumer Price Index Report for August 2023. The August 2023 headline inflation rate shows an increase of 1.72 per cent compared …
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NIGERIA’s April inflation figure on Monday increased to 22.22 per cent from 22.04 per cent last month. The National Bureau of Statistics Consumer Price Index report released Monday disclosed this. The data represented a 0.18 per cent increase from April’s inflation figure. On a month-on-month basis, the All-Items Index in …
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THE National Bureau of Statistics (NBS) has disclosed that Nigeria’s internet user population rose to 154.8 million in the fourth quarter of 2022. NBS made the disclosure in its latest data published on its website. According to the report the number of active voice subscribers in Q4 2022 rose to …
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THE National Bureau of Statistics has revealed that Nigeria’s inflation rate climbed to 22.04% in March 2023. The per cent represents a 13.4 basis points increase compared to 21.91% recorded in the previous month. It noted that food inflation was 24.45% in March 2023 from 24.35% in February 2023, while …
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The average price of 5kg of cooking gas increased from N4,456.56 in August to N4,474.48 in September, the National Bureau of Statistics has stated. It stated in its “Cooking Gas Price Watch’’ for September 2022 released on Saturday in Abuja that the September price was a 0.40 per cent increase …
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