National Bureau of Statistics (NBS)

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...

Russia/Ukraine war: FG to release new trade policy

Following the war between Russia and Ukraine, the Federal Government has disclosed that it is working on a new policy on trade with...

Nigeria’s inflation rate hit all-time high of 15.75 per cent 

… it’s a hydra-headed monster that has eroded disposable and discretionary income of consumers Nigeria’s inflation rate has spiralled to its highest level in...