NBS

Nigeria's headline inflation rate for October 2023 has increased to 27.33 percent. The National Bureau of Statistics NBS  explained that the figure is 0.9 percent  short of the 28.2 percent recorded 18 years ago, in August 2005. In a…

The National Bureau of Statistics, NBS, has said that the headline inflation rate for September 2023, on a year-on-year basis, has increased to 26.72% relative to the August 2023 headline inflation rate which was 25.80%. READ ALSO: …

The National Population Commission (NPC) puts Nigeria's population growth rate at 3.2 percent per annum in 2023, while the Gross Domestic Product (GDP) rate stood at 2.3 percent in the first quarter of the year.  This figure implies that…

The National Bureau of Statistics, NBS,  said Nigeria’s headline inflation rate rose year-on-year (YoY) by 1.72 percentage points to 25.8 percent in August from 24.08 percent in July. READ ALSO: Inflation rate in Nigeria hits 24.08 percent…

Taxes on products in Nigeria rose to N1.36tn in the first six months of 2023, a National Bureau of Statistics report has indicated. This is a 113.29 percent incrememt from the N636.19bn recorded in the first six months of 2021, and a…

Nigeria’s average oil production has dropped by 14.69 per cent year-on-year, YoY to 1.22 million barrels per day, mb/d in the second quarter of 2023, from 1.43 mb/d recorded in the corresponding period of 2022. READ ALSO: NBS reports 88%…

The National Bureau of Statistics says headline inflation rate rose to 22.79% in June 2023,  relative to May 2023 headline inflation rate which was 22.41%. In its Consumer Price Index Report for June 2023, the NBS said the June…

Company Income Tax collections in the first quarter of 2023 in Nigeria decreased by 14.96 percent from Q1, 2022, on a year-on-year basis, the National Bureau of Statistics has said. Company Income Tax (CIT) for first quarter of…

Nigeria's total merchandise trade improved slightly in Q1, 2023, as a result of a marginal increase in import and export trade, which brought about a positive trade balance, the National Bureau of Statistics (NBS) has said. This is…

In April 2023, the headline inflation rate rose to 22.22% relative to March 2023 headline inflation rate which was 22.04%, the National Bureau of Statistics has said. In its "CPI and Inflation Report 2023", the NBS said…