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Tag: National Bureau of Statistics (NBS)

Inflation Rate Hits 18.17% In March, Says NBS

The consumer price index, which measures the rate of increase in the price of goods and services, increased to 18.17 per cent in March...

Active Voice Subscribers Decreased To 204m in Q4, NBS

The National Bureau of Statistics (NBS) says the number of active voice subscribers in Nigeria dropped to 204.60 million people in the fourth quarter...

Inflation Increases by 17.33% YoY In February 2021, Says NBS

Statistics from the National Bureau of Statistics (NBS) has revealed that Nigeria’s inflation rate rose to 17.33 per cent in February 2021, from 16.47...

Nigeria Recovers From Recession As GDP Grows By 0.11% in Q4,...

The National Bureau of Statistics (NBS), says Nigeria’s GDP grew by 0.11 per cent in Quarter Four (Q4) 2020, from the 6.11 per cent...

Nigeria’s GDP Contracts by 1.92% in 2020, Says NBS

National Bureau of Statistics (NBS) on Thursday says Nigeria’s Gross Domestic Product (GDP) contracts by 1.92per cent in real terms in 2020 from N71.39...

BREAKING: Hike In Food Items Push Inflation To 16.47% In January

The National Bureau of Statistics (NBS) has disclosed that cost of food items such as, Bread and cereals, Potatoes, Yam and others drive the...

Access Bank’s EIU Forecasts 16.64% Inflation For January

The National Bureau of Statistics (NBS) is scheduled to release the inflation figure for January 2021 on February 15, 2021, based on the data...

Nigeria Receives $9.68bn Capital Importation in 2020, Lowest in 4 Years,...

The total value of capital importation in 2020 stood at $9.68 billion compared to $23.99 billion recorded in 2019. The National Bureau of Statistics (NBS)...

VAT Increases by N29.98bn in Q4 2020, Says NBS

The National Bureau of Statistics (NBS) says Value Added Tax (VAT) increased by N29.98 billion from N424.71 billion generated in third quarter to N454.69...

Price of Cooking Gas Increased In December, Says NBS

The National Bureau of Statistics (NBS) on Saturday said the average price for refilling five kilogrammes cylinder of cooking gas increased to N1,949.75 in...
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