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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...

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...

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...

Why Nigeria’s inflation index is outdated —IMF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

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...

Foreign trade hits N13.3 trn — NBS

Nigeria’s total merchandise trade rose to N13.3 trillion in Quarter Three of 2021, representing 10.43 per cent increase over N12.02 trillion recorded in Quarter...

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