The inflation rate in Nigeria rose to 34.60 per cent in November 2024, showing an increase of 0.72 percentage points compared to 33.88 per cent recorded...
Despite the increase in the fuel pump price, the National Bureau of Statistics (NBS) has stated that there was a drop in the price of transportation...
Nigeria’s headline inflation rate rose to 32.70% in September 2024, up from 32.15% in August 2024, reflecting a 0.55% increase. This was disclosed by the National...
Taxes paid by Nigerians involved in the wholesale and retail trade, as well as the repair of motor vehicles and motorcycles, surged by 49% in the...
Nigeria’s high inflation rate which was 32.15% in August has continued to impact the prices of energy, with the rates paid by Nigerians for cooking gas...
Information and communications technology (ICT)-related activities contributed 19.78 per cent to Nigeria’s real Gross Domestic Product (GDP) in Q2 2024, the National Bureau of Statistics (NBS)...
Nigeria’s Gross Domestic Product (GDP) experienced a year-on-year growth of 3.19% in real terms during the second quarter of 2024. The GDP growth rate surpasses the...
Between January and December 2024, Nigeria’s public debt profile may rise by a whooping N32.66 trillion to hit N130 trillion. This is as both federal and...
Nigeria’s inflation rate increased to 34.19% in June 2024, according to data released by the National Bureau of Statistics (NBS) on Monday, June 15, 2024. Looking...
In April 2024, the headline inflation rate rose to 33.69%, up from 33.20% in March 2024, marking an increase of 0.49% points. Comparing year-on-year data, the...