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Food prices surge as inflation pressures persist

The National Bureau of Statistics (NBS) has reported a significant rise in the prices of essential food items, including beans, eggs, bread, and rice,...
News

Nigeria’s unemployment rate drops to 4.3% in Q2 2024

The National Bureau of Statistics (NBS) has announced a significant decline in Nigeria’s unemployment rate, which fell to 4.3% in the second quarter (Q2)...
News

NBS survey reveals Nigerians paid N721 billion in cash bribes in 2023

A recent survey report from the National Bureau of Statistics (NBS) has revealed that Nigerians paid a staggering N721 billion in cash bribes to...
Business

Nigeria’s public debt stock increases to N121.67 trillion in Q1 2024 – NBS

Nigeria’s public debt stock increased from N97.34 trillion (108.23 billion dollars) in the fourth quarter of 2023 to N121.67 trillion (91.46 billion dollars) in...
Economy

Inflation rises to 22.79% as food prices skyrocket

The Nigerian Bureau of Statistics has stated that the Headline inflation rate for June rose to 22.79% when compared to the 22.41 percent recorded...
Top Story

Why Nigeria’s inflation index is outdated —IMF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...
Local News

Rise in food prices push inflation to 15.63 – NBS

The consumer price index, which measures the rate of increase in the price of goods and services, increased to 15.63 percent in December 2021. This...
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