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NBS
News and analysis about NBS
Nigeria’s imported food price index recorded an annual growth rate of 9.19% in September 2026, its slowest pace...
Nigeria’s headline inflation rate eased to 14.63% in September 2026, down from 15.39% recorded in August, according to the National Bureau of Statistics (NBS).
The naira strengthened to N1,333 per dollar at the Nigerian Foreign Exchange Market (NFEM) on October 14, 2026, ahead of the release of Nigeria’s September inflation report by the National Bureau of Statistics (NBS).
Nigeria’s external reserves rose by $9.29 billion in the first nine months of 2026, more than seven times the increase recorded during the corresponding period of 2025.
Food prices in Abuja recorded mixed movements in September 2025, with some staples dropping significantly while others witnessed fresh increases.
Nigeria’s import bill for arms and ammunition surged in the first half of 2025, as the country spent...
Nigeria’s palm oil industry is undergoing a major revival, driven by rising local production, declining imports, and record profits from listed processors.
Nigeria’s Finance and Insurance sector posted a real-term growth of 16.13% in the second quarter of 2025, marking...
Nigeria’s economy accelerated to 4.23% year-on-year growth in Q2 2025, beating the 3.13% recorded in Q1 and 3.48% in Q2 2024, according to National Bureau of Statistics (NBS) data.
Nigeria’s non-oil economy, long regarded as the anchor of growth, saw its dominance slightly eroded in the second quarter of 2025 as oil output rebounded strongly.
Nigeria’s Gross Domestic Product (GDP) grew by 4.23% year-on-year in real terms in the second quarter of 2025,...
The National Bureau of Statistics (NBS) may soon gain financial autonomy as lawmakers push for reforms to strengthen the agency’s independence and improve the credibility of national data.