National Bureau of Statistics (NBS)

Nigeria recorded N6.5trn trade surplus in Q1 2024, says NBS

The National Bureau of Statistics (NBS) has disclosed that the volume of Nigeria’s trade with other countries increased to N31.8 trillion in Q1...

Nigeria’s economy set to hit $1.85trn by 2029 – IMF

The International Monetary Fund (IMF) has predicted that Nigeria’s economy is expected to reach $1.85 trillion by 2029 in Purchasing Power Parity terms....

Just in: Nigeria records 2.98% GDP growth in Q1 ’2024

The Gross Domestic Product (GDP) of Nigeria fell to 2.98 percent, a decrease from the 3.4 percent rate in the fourth quarter of...

Nigeria’s economy moving in right direction, says Finance Minister Edun

Nigerians are already benefiting from the economic reforms of President Bola Tinubu’s economic team, Minister of Finance Wale Edun has said. The Minister...

Breaking: Nigeria’s inflation rate jumps to 33.2% in March 2024 – NBS

Nigeria’s inflation rate increased to 33.2% for the month of March 2024, according to the latest data from the National Bureau of Statistics...

Nigeria’s inflation hits 31.70% in February – NBS

Nigeria’s inflation rate rose to 31.70 percent in February 2024 from 29.90 percent recorded in January 2024, the National Bureau of Statistics said...

Breaking: Nigeria’s GDP grew by 3.46% in Q4 2023 – NBS

The National Bureau of Statistics (NBS) has announced growth in Nigeria’s gross domestic product (GDP) by 3.46 percent in the fourth quarter (Q4)...

Nigeria’s inflation hits 29.90%, food inflation ‘quickens’ again to 35.4%

Nigeria’s annual inflation rate climbed further to a near 28-year high of 29.9% in January 2024, up from 28.9% in December and above...

Ban importation of 2000 to 2007 model cars, Automotive Council urges FG

The Director-General of the National Automotive Design and Development Council (NADDC), Mr. Joseph Osanipin, has suggested a ban of importation of cars used...

Breaking: Again, Nigeria’s inflation rate rises to 28.20%

Nigeria’s headline inflation rate for November soared up to 28.20 percent relative to October headline inflation rate of 27.33 percent. Persecond News reports...

Nigeria’s economy grows by 2.54% in Q3 – NBS

The Nigerian economy has recorded growth by 2.54 percent in the third quarter of 2023, according to the latest report from National Bureau...

Breaking: Nigeria’s inflation swells for 10th consecutive month, hits 27.3%

Nigeria’s inflation has risen sharply in October to 27.33 percent from 26.7 percent in the previous month, indicating the 10th consecutive rise this...

IMF downgrades Nigeria’s economic growth

The International Monetary Fund (IMF) has downgraded Nigeria’s economic growth by 0.3 per cent, a reflection of the global economy which has dipped...

Again, Nigeria’s inflation soars to 25.80 percent in August, NBS reveals

Nigeria’s headline inflation rate for August 2023, rose to 25.80 percent, marking a 1.72 points higher than the 24.08 percent recorded in the...

Just in: Nigeria’s unemployment rate drops by 4.1% in Q1 2023 — NBS

With the continuous influx of job seekers into the labour market and an increase of unemployment rate by 37.7 per cent in 2022,...

Post-subsidy palliatives: Persons With Disabilities decry marginalization

Persons with Disabilities (PWDs) in Nigeria have bemoaned the federal government’s marginalization of  members in the ongoing series of engagements with stakeholders on...