nbs report
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Nigeria NBS: Nigeria’s GDP Growth Hits 3.46% in Q3 2024, Powered by Services and Non-Oil Sectors
Nigeria's GDP grew by 3.46% in Q3 2024, driven by the services sector. The non-oil sector contributed 94.4% to the growth, while oil production rose slightly to 1.47 million barrels per day. The economy also saw a 17.26% rise in nominal GDP, reflecting a resilient economic performance...- Nigeria News
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Nigeria NBS Report Highlights Benue, Delta, Borno as Nigeria's Most Affordable States
The National Bureau of Statistics (NBS) reveals Benue, Delta, and Borno as the most affordable states in Nigeria, with the lowest year-on-year headline inflation rates. The report also highlights significant disparities in cost pressures across the country, with some regions experiencing sharper...- Nigeria News
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- benue state borno state cost of living nigeria delta state low inflation nigeria most affordable states nigeria nbs report
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Nigeria NBS Report Reveals Alarming 63% Spike in Cooking Gas Prices
The National Bureau of Statistics reports a staggering 63.85% year-on-year increase in the price of a 12.5kg cooking gas cylinder, raising concerns over affordability and cost of living for Nigerian households. The affordability of a basic household necessity in Nigeria has taken a severe hit...- Nigeria News
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- cooking gas prices cost of living household budgets lpg price increase nbs report
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Nigeria Nigeria Faces Food Price Crisis: NBS Report Reveals Soaring Inflation
The National Bureau of Statistics reports sharp increases in prices of staple Nigerian foods like rice, garri, tomatoes, beans, and yam in Tinubu's first year as president. Nigerians are grappling with soaring food prices during President Bola Tinubu's first year in office, according to data...- Nigeria News
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- national bureau of statistics nbs report nigerian food prices president bola tinubu
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Nigeria Petrol Prices Skyrocket: NBS Reports 157.57% Year-on-Year Increase to N679/Litre
The National Bureau of Statistics (NBS) reported a staggering 157.57% year-on-year increase in the national average price of Premium Motor Spirit (petrol), reaching N679.36 per litre, compared to N263.76 per litre in 2023. Zamfara State topped the chart with petrol priced at N750.43 per litre...- Nigeria News
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Nigeria Nigerians Brace for Economic Hardships as Inflation Soars to 29.90% in January 2024
Nigeria's inflation rate surged to 29.90% in January 2024, marking a significant increase from the previous month's 28.92%, as reported by the National Bureau of Statistics (NBS). The latest inflation report highlights a persistent upward trend, indicating that the inflationary pressures in the...- Nigeria News
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Business Nigerian Inflation Drops to 15.98% in September as Hike In Food Costs Persist
Nigerian inflation rate decreased to 15.98 percent from 16.01 percent in August, the National Bureau of Statistics said. In the report released on Tuesday in Abuja, the bureau explained that the drop in Nigeria’s rate of inflation in September was the eighth consecutive month that the index...- ProfRem
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Business Prices of Petrol, Diesel, Kerosene Fell in July - NBS
The average prices paid by consumers for petrol, diesel and kerosene fell in July compared to the average prices recorded in June. The National Bureau of Statistics (NBS) stated this in its July 2017 CPI report, released in Abuja Monday. The reports indicated that the average price paid by...- ProfRem
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Business Nigeria's GDP Slows By 0.52% In 2017 Q1, Edges Out Of Recession
Nigerian economy contracted by 0.52 per cent year-on-year for the first quarter of 2017, but much better 1.21 per cent than deeper -1.73 per cent recorded in fourth quarter of 2016. The National Bureau of Statistics (NBS), stated this in first quarter 2017 Gross Domestic Product (GDP) report...- ProfRem
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Business Nigerian Economy Hits Worst Recession in Almost 3 Decades
The National Bureau of Statistics (NBS) has released the second quarter of 2016 report with Nigerian economy hitting worst recession in almost three decades. In the Second Quarter of 2016, the nation’s Gross Domestic Product (GDP) declined by -2.06% (year-on year) in real terms. This was lower...- ProfRem
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