National Bureau of Statistics (NBS

Nigeria’s Inflation Rate Eases To 16.05% In October — NBS

November 17, (THEWILL) — Nigeria’s headline inflation rate eased to 16.05% in October 2025, down from 18.02% recorded in September, according to the latest Consumer Price Index (CPI) report released on Monday by the National Bureau of Statistics (NBS). The...

Nigeria’s Rebased GDP Rises By 4.23% in Q2 2025 – NBS

September 22, (THEWILL) — The National Bureau of Statistics (NBS) on Monday announced that Nigeria’s Gross Domestic Product (GDP) grew by 4.23 per cent in the second quarter of 2025 (Q2’25). The figure marks a 1.1 percentage point increase from...

Nigeria’s Inflation Further Slows To 20.12% In August – NBS

September 15, (THEWILL) — Nigeria’s headline inflation eased to 20.12% in August 2025, from 21.88% recorded in July, the National Bureau of Statistics (NBS) said on Monday. According to the Bureau, the August 2025 Headline inflation rate showed a...

Nigeria’s GDP Grows By 3.13% In Q1 2025 – NBS

July 21, (THEWILL) — Nigeria’s Gross Domestic Product (GDP) grew by 3.13% (year-on-year) in real terms in the first quarter of 2025, after rebasing by the National Bureau of Statistics (NBS). NBS, in a GDP report released on Monday, said...

Nigeria’s Inflation Drops To 23.7% In April – NBS

May 15, (THEWILL) – The National Bureau of Statistics (NBS) in its Consumer Price Index (CPI) report released on Thursday, said Nigeria’s headline inflation rate has dropped to 23.71% in April 2025 from 24.23% recorded in March. The Bureau said...

Nigeria’s Inflation Rises To 24.2% in March – NBS

April 15, (THEWILL) – Nigeria’s inflation rate rose to 24.23% in March from 23.18% recorded in February 2025, the National Bureau of Statistics (NBS) stated in its Consumer Price Index (CPI) report released on Tuesday. The statistics office said the...

Q4 2024: Nigeria’s GDP Expands By 0.38 % To 3.8% As Growth In Industry Falls By 1.86% – NBS

February 25, (THEWILL) – Nigeria’s Gross Domestic Product (GDP) grew by 3.84% in the fourth quarter of 2024, reflecting a steady economic expansion, according to the latest report from the National Bureau of Statistics (NBS). The NBS, in...

THEWILL EDITORIAL: That NBS Survey on Payment of Ransom

December 22, (THEWILL) - The recent survey by the National Bureau of Statistics, NBS, that kidnapped victims in Nigeria paid $2.2 billion as ransom to secure release from their abductors between May 2023 and April 2024 is alarming. This...

Our Website Has Been Hacked – NBS

December 19, (THEWILL) – The National Bureau of Statistics says its website has been hacked. The bureau in a post on X, urged Nigerians to disregard any message or report posted on the website until it is fully restored. “This...

Kidnappers Collected $2.2bn Ransom In One Year As Over 4m Households Experienced Robbery Attacks – NBS

December 17, (THEWILL) – Kidnapped victims in Nigeria paid a total of $2.2 billion (₦2,231,772,563,507) as ransoms to secure their release from their abductors between May 2023 and April 2024, the National Bureau of Statistics disclosed in a...
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