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NBS

Nigeria Unveils 2022 Child And Forced Labour Survey Reports


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The National Bureau of Statistics (NBS), alongside the International Labour Organization (ILO) and other partners, has unveiled the Nigeria Child and Forced Labour Survey Reports 2022. The reports aim to provide insights into the…

Nigeria’s Headline Inflation Hits 29.90 percent in January  


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Nigeria's headline inflation rate increased in January 2024, to 29.90% relative to the December 2023 headline inflation rate which was 28.92%. The January 2024 CPI report by the Nigeria Bureau of Statistics said "the January 2024…

Nigeria: Food Prices Rise Year-on-Year – NBS


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Prices of selected food items have continued to rise Year-on-Year, with major staples and groceries recording over 60% increase in price, the National Bureau of Statistics has said. The Selected Food Price Watch for November 2023, shows…

Nigeria’s Unemployment Rate Rises by 4.2 percent in Q2, 2023 – NBS


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The National Bureau of Statistics (NBS) has said that the country's  unemployment rate rose to 4.2 percent in the second quarter of 2023. In a just released report, the NBS said the figure was a marginal increase of 0.1 percent from 4.1…

Nigeria: Value Added Tax Hits 21.34% Growth Rate


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Value Added Tax (VAT) for the third quarter of 2023, has shown a growth rate of 21.34% on a quarter-on-quarter basis from N781.35 billion in Q2 2023 to N948.07 billion, data from the National Bureau of Statistics has shown. In its…

NBS, UNDP Collaborate To Unveil ‘The Nigeria Visualise Project’


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The National Bureau of Statistics (NBS) has unveiled the Nigeria Visualise Project to enhance the level of data literacy and increase the knowledge and understanding of Nigeria’s dynamic landscape. The project was undertaken in…

Prices of Staple Foods, Groceries, Rise Yearly – NBS


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The Selected Food Price Watch for October 2023 published by the Narional Bureau of Statistics shows that the average price of staple foods and groceries have recorded a year-on-year increase.…

Services Sector Drives GDP up by 2.5 percent


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Gross Domestic Product (GDP) grew by 2.54% (year-on-year) in real terms in the third quarter of 2023, the National Bureau of Statistics (NBS) has said. This growth rate is higher than the 2.25% recorded in the third quarter of 2022 and…

Food Inflation Declines by 0.54 Percent in October – NBS


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The National Bureau of Statistics says food inflation declined by 0.54 percent in the month of October, 2023. The NBS said in a recently published report that food inflation exhibited a decrease of 0.54 percent, registering at 1.91 percent…