JUST IN: Nigeria's Inflation Rate Rises to 21.09 Percent The Consumer Price Index (CPI), which measures the rate of change in prices of goods and services, increased to 21.09 percent in October 2022. This represents a significant rise from 20.77 percent in September. The development shows that...

Oil and Gas Industry Tops Credit Allocation in 2021, Says NBS The National Bureau of Statistics (NBS) says the oil and gas industry was among the firms that had the highest credit allocations for private sector businesses in 2021. This was disclosed in NBS October 2022...

NBS: Imports of Used Cars Fall by N177.2bn in 6 months The National Bureau Statistics (NBS) report has shown that the number of used cars brought into the country has dropped in the first half of this year by N177.2 billion. In the same period of...

NBS: Cooking Gas Price Rises by 101% in One Year   The National Bureau of Statistics (NBS) recent report has shown that Average price of 5kg cooking gas increased from N4,397.68 in July to N4,456.56 in August. On Tuesday, NBS announced this in its Cooking Gas Price...

Nigeria’s Inflation Rate Hits 20.5% from 19.64% in August The National Bureau of Statistics (NBS) recent inflation report has shown that Nigeria’s inflation rate surged to 20.5 per cent in the month of August, the highest since September 2005. Recall that the inflation figure rose by...

Nigeria’s Economy Decline By N63bn - NBS The National Bureau of Statistics (NBS) has observed that poor economic activities witnessed last year in the nation has contributed to the recent decline in the economy. NBS stated this while highlighting the figures recorded in the nation’s economic sector...