Tag: NBS
Nigeria inflation climbs to 26.72%
The September 2023 headline inflation rate showed an increase of 0.92 per cent points when compared to the August 2023 ...
Food prices continue to rise in July – NBS
NBS made the declaration in its Selected Food Prices Watch Report for July 2023 issued in Abuja Akwa Ibom recorded ...
‘It Doesn’t Make Sense’ – Ex-Statistician-General Faults NBS Unemployment Data
NBS reduces unemployment rate from 20 hours to 1 hour per week Former NBS statistician-general criticizes methodology Dr. Yemi Kale, ...
Nigeria’s GDP drops to 2.51% in Q2 2023
The major driver of the economy between Q1 and Q2 was the services sector Services sector recorded a growth of ...
Fuel price increased by 215.75 per cent in July – NBS
The average price paid by Nigerians for Premium Motor Spirit, known as fuel, increased by 215.95 per cent in July ...
BREAKING: Inflation rate soars to 24.08% in July as food prices skyrocket
The latest inflation rate represents a 129 basis-point increase when compared to 22.79 percent recorded in the previous month The ...
Transportation cost increased by 98% in one month – NBS
Figures obtained from the Transport Fare Watch report of the NBS for June 2023 The average cost of bus transportation ...
Okada fares rise by 258% in four years – NBS report
Okada transportation fare increased by 258.2% from May 2019 to May 2023, averaging N464.55 in May 2023 Kwara had the ...
Nigeria’s inflation hits 22.79% as food prices rise
Inflation has remained high in Africa’s largest economy Inflation prompting CBN to hike interest rates to their highest levels in ...
Inflation rises to 22.44% in May – NBS
Nigeria’s inflation rate increased to 22.41 percent in May 2023, up from 22.22 percent recorded in the preceding month of ...
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