National Bureau of Statistics

Economic experts have raised concerns about the prostrate nature of the economy, exemplified by the contraction in the country's Gross Domestic Product (GDP). A recent data by the National Bureau of Statistics (NBS) shows that the GDP…

Nigeria's headline inflation rose to 19.64 per cent in July from 18.6 per cent in June this year, the National Bureau of Statistics (NBS) has said. The statistics office disclosed this in its Consumer Price Index report for July 2022,…

The sustained rise in prices of foods items and energy may trigger Nigeria's inflation rate for July to 19.07 per cent, a rise from the 18.60 per cent announced for June, 2022. The latest edition of Access Bank Economic Intelligence…

  The trio of Kwara, Kogi and Rivers are states where food items are most expensive on yearly basis according to the National Bureau of Statistics (NBS). Prices of food items have hit the roof across the nation but the statistics…

Nigeria's economy is indeed in its trying period as measured by the consumer price index (CPI), which shows that inflation in the country is judged to be 18.60 per cent in June 2022, up from 17.71 per cent in the previous month. As…

Nigeria is to lead other African countries in providing over 50 per cent of Liquefied Natural Gas (LNG) exports to other continents. The country, which is faced with a supply squeeze on cooking gas products, throttling crude theft,…

Nigerian Railway Corporation (NRC) generated N5.7 billion in revenue from passengers and goods in 2021 according to the National Bureau of Statistics (NBS). The bureau revealed that the corporation earned  N1.75 billion from…

Nigeria has set the race to achieve a $200 billion in foreign exchange repatriation in the next five years to boost its external reserves, address shortfalls in foreign exchange as well as improve the foreign trade deficit. A recent…

As Nigerians experience increasing prices of foods across the federation, the trio of Kogi (22.79 per cent), Akwa Ibom (22.47 per cent) and Kwara (22.21 per cent) are the states where food are most expensive in the country every year.…

Inflation quickened for the fourth month to 17.71 per cent in May 2022, up from the 16.82 per cent recorded in April, and above the market expectation of 17.4 per cent. On a year-on-year basis, however, it slowed by 0.22 per cent lower…