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Tag: National Bureau of Statistics (NBS)

Nigeria’s inflation rate falls for the first time in nearly two years

Nigeria’s headline inflation rate has dropped to 33.40% in July 2024, a decrease from 34.19% in June 2024. This marks the first decline since...

Number of female inmates increases by 4.82% in 2022 – NBS

The percentage of females admitted into the Nigerian Correctional Centre increased by 4.82 per cent in 2022, according to the National Bureau of Statistics(NBS). This...

Why Nigeria’s inflation index is outdated —IMF

The International Monetary Fund, IMF, has said the index weights and basket deployed by the National Bureau of Statistics, NBS, for the monthly consumer...

Prices of food continue to rise in August – NBS

The National Bureau of Statistics (NBS) stated that prices of selected food items increased in August. This is according to the NBS Selected Food Prices...

Price of cooking gas increased by 101 per cent in one year — NBS

Average price of 5kg cooking gas increased from N4,397.68 in July to N4,456.56 in August. The assertion was made by the National Bureau of Statistics...

Retail price for petrol stood at N189.46 in August 2022 — NBS

The National Bureau of Statistics (NBS), says the average retail price paid by consumers for Premium Motor Spirit (Petrol) for August 2022 was N189.46. This...

Nigeria faces highest inflation rate in 17 years with 20.52%

The consumer price index (CPI), which measures the rate of change in prices of goods and services, has risen to 20.52 percent in August...

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