In June, Inflation Rate Drops To 11.22%   The National Bureau of Statistics on Monday released the consumer price index, which measures inflation with the index dropping year on year from 11.40 per cent in May to 11.22 per cent in June. The bureau in the report...

Nigeria’s Inflation Now 13.34% in March – NBS Nigeria’s inflation rate measured by the Consumer Price Index (CPI) dropped from 14.33 in February to 13.34 per cent in March year-on-year, the National Bureau of Statistics (NBS) disclosed in its CPI report just released and made...

Experts Predict Further Drop In Inflation     Financial experts have predicted a further decline in Nigeria’s inflation rate on 16 April, when the National Bureau of Statistics (NBS) is expected to release its inflation data for the month of March on its website. For instance, in a...

The inflation report for July 2017 made available from the National Bureau of Statistics(NBS) reveals that headline inflation has again reduced to 16.05 percent (year-on-year) in July 2017, compared to 16.10 percent in June 2016. This makes it the sixth consecutive decline in the...

The National Bureau of Statistics (NBS) has announced news Consumer Price Index (CPI) which measures inflation for April, 2017, showing 0.02 percent points lower from the rate recorded in March (17.26) percent. According to the NBS in a document release in Abuja on Tuesday, this...

The Special Adviser to the President on Economic Matters, Adeyemi Dipeolu, stated this while reacting to the GDP figures released on Tuesday by the National Bureau of Statistics. He said though the figures reflected the "slowdown" in the economy for most of 2016, it also...