The National Bureau of Statistics (NBS) has announced a significant drop in Nigeria’s unemployment rate, which fell to 4.3% in the second quarter of 2024, down...
Nigeria’s Gross Domestic Product (GDP) grew by 3.46% year-on-year in the third quarter of 2024, marking a strong performance compared to the 2.54% growth recorded during...
The National Bureau of Statistics (NBS) has reported that Nigeria’s headline inflation rate reached 32.70% in September, marking a slight increase from the 32.15% recorded in...
The average price of Premium Motor Spirit (PMS), also known as petrol, has skyrocketed by 223.21 percent, reaching approximately ₦770 per litre in May 2024, up...
According to the latest Foreign Trade Statistics released by the National Bureau of Statistics (NBS), imports in the UK have experienced a significant surge in the...
Nigeria achieved a trade surplus of N6.52 trillion in the first quarter of 2024 (Q1’24), reflecting a 79 percent increase from the N3.64 trillion recorded in...
The latest data from the National Bureau of Statistics paints a concerning picture for consumers as the inflation rate surged by 33.20% in March. This revelation...
Nigeria’s economy grapples with escalating pressure as inflation surges to 31.70% in February 2024, marking a notable rise of 1.80 percentage points from January 2024’s rate...
Economic unease looms as new data from the National Bureau of Statistics reveals a sharp spike in the country’s inflation rate, hitting 28.9%. Unveiled in the...
On Friday, the National Bureau of Statistics (NBS) reported that Nigeria’s annual inflation rate climbed by 1.72 percentage points to reach 25.8 percent in August,...