National Bureau of Statistics (NBS)

Nigeria’s Inflation Rate Climbs to 24.23% in March 2025 – NBS

Nigeria’s Inflation Rate Climbs to 24.23% in March 2025 – NBS

Nigeria's headline inflation rate surged to 24.23% in March 2025, against expectations, according to the latest figures from the National… Read More

4 days ago

Nigeria’s Agriculture Growth Slows to 1.76% in Q4 2024 Amid Rising Costs and Insecurity

Nigeria’s agriculture sector grew by 1.76% in Q4 2024, marking a slowdown from the 2.10% recorded in the same period… Read More

2 months ago

NBS’s GDP and CPI Rebasing: Experts Question Integrity and Methodology

The Nigerian Bureau of Statistics (NBS) has initiated GDP and CPI rebasing, which "Global Business Report" on Arise News scrutinized.… Read More

3 months ago

NBS to rebase Nigeria’s GDP and CPI to reflect economic accuracy and structural changes

The National Bureau of Statistics (NBS) of Nigeria in collaboration with the Nigerian Economic Summit Group (NESG), disclosed plans to… Read More

3 months ago

Nigerian capital importation surges by 198% in Q1 2024, Stanbic IBTC leading channel

Key Points Nigerian capital importation in Q1 2024 was $3,376.01 million. This marks a 198.06% increase from US$1,132.65 million in… Read More

10 months ago

Nigeria’s Company Income Tax collections dropped by 12.87% in Q1 2024 – NBS

The Company Income Tax (CIT) collections for the first quarter of 2024 stood at N984.61 billion, which represents a 12.87… Read More

10 months ago

Nigeria’s $1trn GDP target fades as Multinationals’ exit

Multinational companies play a significant role in the economic growth and development of nations. However, the recent trend of multinational… Read More

1 year ago

Nigeria’s trade surplus hits N3.5trn in 9 months – NBS

Nigeria’s trade surplus has hit N3.5 trillion between January to September 2023, the foreign trade report for the third quarter… Read More

1 year ago

Agricultural sector’s contribution to economy shrinks – NBS

Nigeria's agricultural sector once regarded as the backbone of the economy, is now facing a significant decline, leading to a… Read More

1 year ago