NBS

Inflation hits 11 months high to 12.82% in July — NBS

…Food inflation up 0.30% By Elizabeth Adegbesan Nigeria’s inflation rate rose year-on-year (YoY) by 0.26 percentage point to 12.82 percent in July this year from 12.56 percent in June. This represents the eleventh consecutive monthly rise in inflation rate since October 2019. Similarly, food inflation rose by 0.3 percentage point to 15.48 percent in July […]
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Inflation rises to 12.26% in March – NBS

The National Bureau of Statistics (NBS) says Consumer Price Index (CPI), which measures inflation, increased by 12.26 per cent year-on-year in March. The NBS made this known in its latest report on inflation released on Tuesday. It explained that the report showed that inflation in March was 0.06 per cent points higher than the rate […]

BREAKING: Nigeria’s inflation rate rises to12.26 % in March, highest in 23 months

By Babajide Komolafe Nigeria’s annual inflation rate rose for the seventh consecutive months to 12.26 per cent in March, the highest in 23 months from 12.2 per cent in February. The Nigeria Bureau of Statistics (NBS) disclosed this today in its Consumer Price Index Report for March 2020. The inflation rate has been on the […]

BREAKING: Inflation rate rises to 12.2%, highest record in 21 months ― NBS

National Bureau of Statistics (NBS) said that the consumer price index, (CPI) which measures inflation increased by 12.20% (year-on-year) in February 2020. In its inflation report for February 2020 released on Tuesday,  the agency explained that the figure was 0.07% higher than the rate of 12.13% recorded in January 2020. READ ALSO: Expert wants appropriate […]

Nigeria records N36.1 trn total trade in 2019 — NBS

The National Bureau of Statistics (NBS) says Nigeria recorded N36.152 trillion as value of total trade in 2019, representing a 14.05 per cent increase over 2018. The bureau said this in its “Foreign Trade in Goods Statistics, Quarter Four, 2019”, released on Friday in Abuja. However, this was lower than 36.86 per cent recorded in […]

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