Nigerians Groan Over Food Prices As Inflation Hits 33.69%
The average price of imported food commodities to Nigeria rose to its highest level, reaching 34 per cent in one…
NBS Reports Surge In Kerosene Price To ₦1,340/ltr In Feb
Data compiled by the National Bureau of Statistics indicates that the average retail price for one litre of kerosene saw…
NBS Findings: 92% Of Nigerian Workers In Informal Employment
The National Bureau of Statistics (NBS) released a survey revealing that as of the third quarter of 2023 (Q3’23), approximately…
Inflation Reached 28.92% By End Of 2023, Says NBS
The National Bureau of Statistics disclosed that inflation reached a 21-year high of 28.92 percent at the close of 2023.…
Nigeria’s Trade Deficit With China Rises To ₦7.5tn – NBS
The trade balance between Nigeria and China increased to ₦7.54tn in the first nine months of 2023, Africa Today News,…
NBS Must Be Shielded From Political Influence, Says Rep
Isiaka Ibrahim, the Chairman of the House Committee on National Planning and Economic Affairs, advocates for safeguarding the National Bureau…
NBS Study Reveals Petrol Price Climbed To ₦630 In October
The National Bureau of Statistics (NBS) disclosed that the mean retail price for a liter of petrol saw a significant…
Inflation Skyrockets To 27.33% In October – NBS
The National Bureau of Statistics has disclosed a significant uptick in Nigeria’s inflation rate, which climbed to 27.33% in October.…
‘Nigerians Spent $3.5bn On Phone, Generator Imports In 2022’
Nigeria spent a whopping $3.47bn importing phones, generating sets, electrical transformers, and a host of other electrical equipment in 2022,…
Inflation Rate Soars To Five-Year High At 18.60% In Nigeria
On Friday, the consumer price index (CPI), which measures the rate of inflation in the prices of goods and services,…