NBS

September 03, (THEWILL) - I read quite a few commentaries that are dismissive of the new methodology which dropped Nigeria’s unemployment rate to 4.1 per cent. But I think we should understand that there are merits and demerits....

August 25, (THEWILL) - Nigeria’s Gross Domestic Product (GDP) grew by 2.51 percent (year-on-year) in real terms in the second quarter of 2023, up from 2.31 percent recorded in the first quarter of 2023, the National Bureau of Statistics...

August 15, (THEWILL) - Nigeria’s headline inflation rate for the month of July 2023, increased to 24.08%, compared to 22.79% recorded in June 2023, the National Bureau of Statistics (NBS), said on Tuesday, in its Consumer Price Index...

July 10, (THEWILL) - Total capital importation into Nigeria in Q1 2023 stood at US$1,132.65 million, lower than US$1,573.14 million recorded in Q1 2022, indicating a decrease of 28.00% the National Bureau of Statistics (NBS) stated in its...

June 15, (THEWILL) - Nigeria’s inflation rate climbed to 22.41% in May 2023, marking a new 17-year high, on accelerated price of food amid lingering insecurity across the country. The National Bureau of Statistics (NBS) monthly inflation rate published Thursday...

May 24, (THEWILL) – Nigeria’s economic growth slowed in the first quarter of 2023 as the Gross Domestic Product (GDP) grew by 2.31 per cent year-on-year within the quarter, the National Bureau of Statistics (NBS) has said. The statistics...

May 19, (THEWILL) – The average retail price of a litre of Premium Motor Spirit (PMS), popularly called petrol, witnessed a drop from N264.29 in March to N254.06 in April 2023, the National Bureau of Statistics (NBS) said...

May 16, (THEWILL) - Bayelsa, Kogi and Rivers – were most battered by inflation among Nigeria’s 36 states, in April, 2023, according to the National Bureau of Statistics (NBS). Analysing price movements under the states, the NBS said Bayelsa, Kogi...

Selected Food Price Watch for March 2023 shows that the average price of 1kg of Beef (boneless) stood at N2,479.61 in March 2023. This indicates a rise in price by 25.05% on a year-on-year basis from the price recorded...

April 24, (THEWILL) - The average retail price of a litre of petrol has increased from N185.30 in March 2022, to N264.29 in March 2023, the National Bureau of Statistics (NBS), said on Monday, in its Petrol Price Watch...