Nigeria’s GDP grew by 3.84% in Q4 2024, driven by a strong Services sector, according to the NBS. The report also highlighted a drop in inflation to 24.48% in January 2025. However, the industrial sector declined, and oil production saw a slight dip compared to the previous year.
Nigeria’s...
Nigeria’s consumer price index, which measures inflation dropped to 11.08% in July 2019. This was revealed in the latest inflation report released by the National Bureau of Statistics (NBS). According to the NBS report, inflation dropped by 0.14% points year-on-year..
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Many Nigerians won't find it easy to celebrate Christmas this year.
This is because the country's annual inflation rate in November rose to 18.48 percent from 18.3 percent in October, data from the National Bureau of Statistics said on Thursday.
Separately, food index rose to 17.19 percent...
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According to recent figures from the National Bureau of Statistics, NBS, Nigeria's annual inflation rose to 16.5 percent in June from 15.6 percent in May.
The highest rate since October 2005, according to data on the CENTRAL BANK OF NIGERIA’s website.
Food inflation also rose to 15.3 percent...
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