National Bureau of Statistics (NBS)
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...
Insecurity, dastardly attacks shrink NRC’s revenue by N1.3bn in Q1 of 2023 — NBS
Insecurity and dastardly attacks on the rail transportation have drastically reduced patronage by passengers across the country in the first quarter of 2023...
Nigeria’s inflation rate surges to 22.22 per cent in April, highest in 17 years — NBS
The National Bureau of Statistics (NBS) latest inflation report shows an upsurge of the annual inflation rate of 22.22 per cent as at...
Nigeria’s inflation shoots up to 21.82 per cent
The National Bureau of Statistics (NBS) disclosed today that Nigeria inflation has soared up to 21.82 per cent as at January 2023 compared...
Tinubu agrees with NBS Nigerians are facing hunger, starvation, promises a redress
In a bid to sell his candidature, the Presidential Candidate of the All Progressives Congress (APC), Bola Tinubu, on Tuesday unwittingly owned up...
Mass poverty: SERAP urges probe of Buhari’s govt’s impactless, bootless social safety nets, pro-poor interventions
Perturbed by a Federal Government’s agency’s report that 133 million Nigerians are poor and ravaged by poverty, the Socio-Economic Rights and Accountability Project...
CBN increases benchmark interest rate to 14% as inflation hits all-time high 18%
The Central Bank of Nigeria has voted to increase the benchmark interest rate (Monetary Policy Rate) to 14 per cent from 13 per...
Breaking: After eight months in the saddle, Nigeria’s Statistician-General dies
Barely after eight months in office, the Statistician-General of the Federation, Mr Simon Harry, has passed on. Harry, whose age was not...
