National Bureau of Statistics (NBS)
Breaking: Nigeria’s inflation rises to 34.19% in June 2024
Nigeria’s inflation rate in June 2024 surged from 33.95% in May 2024 to 34.19%, according to the latest report from the National Bureau...
Nigeria lost N721bln to bribing public officials in 2023, says NBS
A staggering N721 billion was received as bribes by Nigerian public officials including political appointees in 2023, according to a report by the...
As food crisis persists, 82 million Nigerians may face severe hunger, says UN
Amid food insecurity in Nigeria, the Food and Agriculture Organization (FAO), an arm of the United Nations, has warned that by 2030, about...
Nigeria’s foreign investment inflows grow by 210% in Q1 2024
Foreign investment inflows to Nigeria grew to $3.38 billion in the first quarter of 2024, while total capital importation rose by 210.16% from...
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...
