NBS

February 18, (THEWILL) – Nigeria’s headline inflation rate declined from 34.80% in December 2024 to 24.48% in January 2025 following the rebasing of the Consumer Price Index, the National Bureau of Statistics announced on Tuesday. The rebasing...

December 16, (THEWILL) – Nigeria’s annual inflation rate jumped to 34.60 percent in November, from 33.88 percent recorded in October, the National Bureau of Statistics (NBS) said in its latest Consumer Price Index (CPI) report on Monday. According to the...

November 26, (THEWILL) - The Nigeria Labour Congress has vehemently rejected the latest unemployment report by the National Bureau of Statistics, describing it as a “voodoo document” crafted to mislead the public. The NBS report, released on Monday, claimed...

November 22, (THEWILL) - The National Bureau of Statistics has revealed that two out of every three households in Nigeria cannot afford healthy and nutritious food. The finding is part of the bureau’s latest General Household Survey Panel (Wave...

October 15, (THEWILL) – Nigeria’s inflation has jumped to 32.70 percent in September from 32.15 percent recorded in August, reflecting an increase of 0.55%. the National Bureau of Statistics (NBS) disclosed in its latest Consumer Price Index (CPI) and...

September 20, (THEWILL) – The Nigerian Railway Corporation (NRC) recorded N1.69bn revenue in the second quarter of 2024, a 53.14 per cent increase compared to the N1.10 billion recorded in the same period of 2023, the National Bureau of...

September 11, (THEWILL) – Nigeria recorded a trade surplus of N6.95 trillion in the second quarter of 2024, representing a 6.60% increase from the previous quarter which had a surplus of N6.52 trillion. However, Nigeria’s total merchandise trade in Q2...

September 09, (THEWILL) – The Federal Government recorded a whopping N1.56 trillion from Value Added Tax (VAT) in the second quarter of 2024, showing a growth rate of 9.11% on a quarter-on-quarter basis from N1.43 trillion in Q1,...

August 26, (THEWILL) – Nigeria’s Gross Domestic Product (GDP) grew by 3.19% (year-on-year) in real terms in the second quarter of 2024, compared to the 2.51 percent recorded in the second quarter of 2023 and the 2.98 percent growth...

July 29, (THEWILL) - Nigeria recorded a total of N1 trillion deficit in its trade balance with Malta in 2023, data gathered from the National Bureau of Statistics (NBS) reports has shown. Although Nigeria has significant trade...