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,...
In the second quarter of 2023, the count of metered electricity customers in Nigeria reached 5.47 million, as per the latest data from the National...
The National Bureau of Statistics has released its most recent Value Added Tax (VAT) report for 2023. According to the report, in Q2 2023,...
During the second quarter of 2023, the food, textile, and 24 other sectors of the economy experienced a collective loss of over N1 trillion. ...
The National Bureau of Statistics (NBS) announced that Nigeria’s unemployment rate fell to 4.1 percent in the first quarter of 2023, down from 5.3 percent...
In July 2023, Nigerians saw a substantial increase in the average price of Premium Motor Spirit (fuel), which rose by 215.95% compared to the same...
According to recently released data on Foreign Direct Investment by the National Bureau of Statistics, 28 out of the 36 states in Nigeria, along with...