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NBS

News and analysis about NBS

The National Bureau of Statistics (NBS) has confirmed that its official website has been compromised in a cyberattack.
Approximately 4,142,174 homes, representing 4.8% of households in Nigeria were victims of robberies in 12 months, between May 2023 and April 2024. 
The latest Crime Experience and Security Perception Survey (CESPS) conducted by the National Bureau of Statistics (NBS) has revealed alarming figures on the state of crime in Nigeria. 
The Lagos Chamber of Commerce and Industry (LCCI) has warned businesses in Nigeria to prepare higher interest rates challenges in 2025 as the Central Bank of Nigeria (CBN’s) policies failed to tame inflation.  
Nigeria’s headline inflation rose to 34.60% in November 2024 reflecting a further surge in the costs of goods and services across the country.
The Nigerian Railway Corporation (NRC) transported 743,205 passengers in the third quarter of 2024, generating revenue of N1.7 billion.  
The Nigerian telecommunications sector recorded an 87% decline in foreign investments for the third quarter of 2024, marking a significant downtrend from the previous two quarters of the year. 
The Nigerian government raked in the sum of N1.78 trillion from Value Added Tax (VAT) in the third quarter of 2024. 
Domestic air travel fares in Nigeria increased by 1.28% in October 2024, reaching an average fare of N126,293.05 for a single journey, up from N124,752.07 in September 2024.  
Nigeria’s headline inflation rate rose to 33.88% in October 2024, up from 32.7% in September 2024, reflecting a 1.18%-point month-on-month increase. 
The National Bureau of Statistics (NBS) has disclosed that 85.6% of Nigeria's working-class population is self-employed, signifying the dominant role of self-employment in the nation's labor market. 
President Bola Tinubu has reacted to the newly released third-quarter gross domestic product report by the National Bureau of Statistics (NBS), saying the country will be on its way to "shared prosperity" from 2025.