The National Bureau of Statistics (NBS) has disclosed in its consumer price index (CPI) report released on Monday, that Nigeria’s inflation rate hit an all-time high…
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Nigeria’s National Bureau of Statistics (NBS) has revealed that prices of selected food items in Nigeria have experienced a significant year-on-year increase, with major staples and…
The National Bureau of Statistics (NBS) of Nigeria, the unemployment rate was 5.3%. This for the fourth quarter of 2022 and 4.1% in the first quarter…
Nigeria’s inflation rate decreased for the first time in roughly 11 months in December 2022, from 21.47% in November. In its most recent report on inflation,…
Many Nigerians are grappling with living costs as the inflation rate rose by 0.92 basis points to 20.52 per cent in August from 19.6 per cent…
According to the National Bureau of Statistics (NBS), bread, cereal, gas, and transportation prices all contributed to Nigeria’s inflation rate reaching a nearly 17-year high in…
The consumer price index, which measures the rate of increase in the price of goods and services, increased to 15.63 percent in December 2021. In its…
Nigeria’s Gross Domestic Product (GDP) grew by 5.01% (year-on-year) in real terms in the second quarter of 2021, the National Bureau of Statistics (NBS) has said.…
Nigeria’s inflation rate for the month of July 2021 dropped to 17.38% compared to 17.75% recorded in June 2021. The consumer price index, which measures the…
This is an indication of the dwindling purchasing power of Nigerians as it implies that Nigerians spent more on purchasing goods and services in the month of March, compared to February.