The National Bureau of Statistics (NBS), says Nigeria’s headline inflation rate eased to 23.18 per cent in February 2025. The NBS disclosed this in its Consumer Price Index (CPI) and Inflation Report for February 2025, which was released in Abuja…
By Seun Ibiyemi Nigeria’s petrol imports soared in 2024, more than doubling despite increased local refining capacity, underscoring the nation’s ongoing reliance on foreign fuel supplies. The latest foreign trade statistics report from the National Bureau of Statistics (NBS) indicates…
By Seun Ibiyemi The National Bureau of Statistics (NBS) has reported that Nigeria generated ¦ 13.78 trillion from crude oil exports in the fourth quarter of 2024. This information was detailed in the bureau’s latest publication, “Foreign Trade Statistics Report…
The Central Bank of Nigeria has postponed its first Monetary Policy Committee (MPC) meeting for 2025 to March, following delays in the release of the rebased Consumer Price Index (CPI) report by the National Bureau of Statistics (NBS). Sources within…
The rebasing of Nigeria’s Gross Domestic Product (GDP) and Consumer Price Index (CPI) will ensure that economic indicators accurately reflect the country’s current realities. This assurance was given by the Statistician General of the Federation and Head of the National…
The National Bureau of Statistics (NBS) has announced that it is set to unveil the Rebased Consumer Price Index (CPI) report by the end of January 2025. This move is part of the NBS’s ongoing efforts to provide accurate and…
By: Austine Emmanuel, Kaduna The National Bureau of Statistics (NBS) has disclosed that Nigeria’s inflation rate climbed to 34.80% in December 2024, a slight increase from November’s 34.60%. In its latest Consumer Price Index (CPI) report released on Wednesday, the…
Former Vice President Atiku Abubakar says the hack of the National Bureau of Statistics (NBS) website is “suspicious.” In a statement released on Thursday, Abubakar said the development “adds up to the bad tidings that have characterised the President Bola…
The National Bureau of Statistics (NBS) has confirmed that its official website has been compromised by unidentified hackers. This announcement was made in a statement posted on the bureau’s official X (formerly Twitter) account on Wednesday. The NBS urged the…
…As Security Forces eliminate 8,034 terrorists, rescue 7,967 hostages — ONSA reveals The National Bureau of Statistics (NBS) has revealed that Nigerians paid a staggering N2.3 trillion in ransom over a 12-month period, amidst the worsening security situation in the…
