Nigeria’s foreign trade surges to N36.6 trillion in Q4 2024 – NBS
Nigeria’s total merchandise trade saw significant growth in the fourth quarter of 2024, driven by a surge in imports and ...
Tag: NBS
News and analysis about NBS
Stop using economic data as a propaganda tool in Nigeria – Economist warns FG
A financial expert has cautioned the Federal Government against manipulating economic data to create a misleading impression of economic stability, ...
Doubts, optimism surround Nigeria’s latest 3.84% GDP growth figures
The latest GDP data released by the National Bureau of Statistics (NBS) has sparked a mix of optimism and skepticism ...
Nigeria’s GDP growth hits 3.84% in Q4 2024, driven by services sector
Nigeria’s economy grew by 3.84% year-on-year in real terms in the fourth quarter of 2024, marking an improvement from 3.46% ...
NBS introduces special inflation indices to monthly CPI report
The National Bureau of Statistics (NBS) has announced the introduction of special inflation indices to its monthly Consumer Price Index ...
Price of cooking gas rose by 44.6% in one year – Report
The price of Liquified Petroleum Gas (cooking gas) rose by 44.62% from December 2023 to December 2024, a report by ...
Average food prices rise to N2,920.13 in December 2024, marking 91.6% YoY Increase – NBS
Average prices of food across Nigeria have increased from N2,862.14 in November 2024 to N2,920.13 in December 2024. This is ...
December inflation rate to follow old base year while January inflation the new base year
The National Bureau of Statistics (NBS) stated during a workshop this January that the inflation rate for December 2024 will ...
Inflation on food and drinks nearly 40% as Nigerians celebrate Christmas
As Nigerians celebrate the festive season, surging inflation rates have significantly impacted household expenses, with food and non-alcoholic beverages experiencing ...
Nigerian travelers face 30.54% transport inflation rate as Christmas nears
As the holiday season draws near, Nigerians are grappling with a record-high transport inflation rate of 30.54% in November 2024, ...
