Nigeria’s headline inflation rate climbed down slightly to 15.1% in January 2026, from 15.15% the previous month of December 2025. Figures released by the National Bureau of Statistics (NBS) on Monday, February 16, 2026 showed a modest decline of 0.05 percentage points. The seeming reduction in inflation apparently follows[Read More…]
Nigeria’s headline inflation rate eased further to 20.12 per cent in August. The National Bureau of Statistics (NBS) announced the figure in its Consumer Price Index (CPI) and Inflation Report for August 2025, which was released in Abuja on Monday. According to the report, the headline inflation showed a[Read More…]
The National Bureau of Statistics (NBS) reported Nigeria’s headline inflation rate rose to 34.60 per cent in November 2024, a 0.72 percentage point increase from October’s 33.88 per cent. The NBS disclosed this in its Consumer Price Index (CPI) and Inflation Report for November, which was released in[Read More…]
The National Bureau of Statistics (NBS) has reported Nigeria’s headline inflation rate increasing to to 32.70 per cent in September 2024. The Statistician-General of the Federation, Adeyemi Adeniran, revealed in a statement issued on the Consumer Price Index (CPI) and Inflation Report for September 2024 in Abuja on Tuesday[Read More…]
Nigeria’s GDP rises by 3.1%, NBS Nigeria’s Gross Domestic Product (GDP) grew by 3.1 % for the second quarter of 2024, National Bureau of Statistics (NBS) disclosed this in its report on Monday. In its Q2 2024 report, the Bureau said Nigeria’s GDP rose year-on-year in real terms[Read More…]
NBS says Capital importation rose by 210% in Q1 2024 The National Bureau of Statistics (NBS) has said Nigeria’s capital importation grew by 210.16 percent in the first quarter (Q1) of 2024. According to TheCable, the total capital imported stood at $3.38 billion in Q1 2024, up from[Read More…]
NBS: FG generated N984bn from company income tax in Q1 2024 — down by 12.87% from Q4 2023 The National Bureau of Statistics (NBS) says the federal government collected a total of N984 billion as company income tax (CIT) in the first quarter (Q1) of 2024. The (NBS) disclosed this[Read More…]
Nigeria’s GDP growth drops to 2.98% in Q1 2024, says NBS The National Bureau of Statistics (NBS) on Friday said Nigeria’s Gross Domestic Product (GDP) declined by 2.98 percent in the first quarter (Q1) of 2024. In its latest report, the bureau put the nation’s[Read More…]
Nigeria Inflation rate rises to 33.69% in April Nigeria’s inflation rate increased 33.69 per cent in April 2024, according to latest data released by the National Bureau of Statistics (NBS) on Wednesday. According to Leadership, the latest jump in inflation figure represents a significant increase from the[Read More…]
NBS says Nigeria’s inflation climb 31.70% in February Nigeria’s inflation rate rose to 31.70 per cent in February from 29.90 per cent recorded in January 2024. This figure indicates an increase of 1.80 per cent, the National Bureau of Statistics said in its latest CPI and inflation report released on[Read More…]
