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Nigeria’s Economy Records 3.40% Growth In 2021

The National Bureau of Statistics (NBS) on Thursday reported that Nigeria’s Gross Domestic Product (GDP) economy grew at 3.40 per cent year-on-year in 2021, representing the fastest annual growth since 2014 when it peaked at 6.22 percent. The Statistician General of the Federation, Dr. Simon Harry, gave these figures during his media briefing on the […]

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Nigeria’s Inflation Decelerates To 15.40% In November

Nigeria’s Consumer Price Index (CPI), which measures the general price level in the economy rose to 15.40 percent year-on-year (Y-o-Y) in November, representing 0.59 percent points lower  than the 15.99 percent rate recorded in the preceding month. The Statistician General of the Federation and Chief Executive Officer of the National Bureau of Statistics (NBS), Dr. […]

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NBS, UNHCR, UNFPA, Others Vow To Tackle Gender-Based Violence In Nigeria

The National Bureau of Statistics (NBS), Federal Ministry of Women Affairs, United Nations High Commission for Refugees (UNHCR), United Nations Population Fund (UNFPA) and civil society organizations (CSOs) in Nigeria on Thursday restated their commitment to collaborate with a view to tacking all forms of gender -based violence in the country as a strategic step […]

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Nigeria Records N3.023Trn Merchandize Trade Deficit In Q3, 2021

Despite the sustained recovery of Nigeria’s economy over the past few quarters, the nation still recorded a huge deficit in its merchandize trade in the third quarter of this year, posting a negative trade balance of N3,023.50 billion during the quarter. During the review period, the country’s total merchandize trade value totaled N13,284.09 billion, with […]

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FG, N/Assembly Laud NBS, Assure Improved Funding For Statistical System

Apparently impressed by the improvements recorded by the National Bureau of Statistics (NBS)in Nigeria’s national statistical system in recent years, the Federal Government and the National Assembly have promised to continue to support the agency with more funds and other needs to sustain the standardization trajectory of the nation’s statistical data production and dissemination in […]

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Nigeria Records 4.03% GDP Growth In Q3 2021

Nigeria’s Gross Domestic Product (GDP) grew by 4.03% (year-on-year) in real terms in the third quarter of 2021, showing a sustained positive growth over the last four quarters since the 2020 recession. Giving this hint at a media briefing on the 3rd Quarter GDP Report in Abuja on Thursday, the Statistician General of the Federation […]

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Nigeria’s Inflation Slides To 15.99% In October As Food Prices Dip

Nigeria’s Consumer Price Index (CPI), which measures the inflation rate in the economy, decelerated for the seventh consecutive month in October 2021,  sliding to 15.99 percent from the16.63 percent rate recorded in the preceding month. Briefing the media on the latest inflation figures on Monday in Abuja, Statistician General of the Federation and Chief Executive […]

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Statistician General Lists Benefits Of National Agricultural Sample Census To Economy

The Statistician General of the Federation and Chief Executive Officer  of the National Bureau of Statistics (NBS), Dr. Simon Harry, on Thursday described the National Agricultural Sample Census (NASC) which is about to be conducted by the agency as key to ongoing drive by the government to achieve food security and reduce the nation’s yearly […]

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Statistician General Seeks Nigerians’ Support For MPI 2021 Survey

The Statistician General of the Federation, Dr. Simon Harry urged Nigerians, to support the ‘Multidimensional Poverty Index (MPI) 2021’ which was formally flagged off on Wednesday along with its ‘Train the Trainers’ component, in view of the criticality of the results of the survey data to poverty alleviation and development plans in the country. Harry, […]

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Nigeria’s Inflation Drops To 16.63% In Sept

Nigeria’s Consumer Price Index (CPI), which measures inflation, dropped further to 16.63% in September 2021 from 17.01% recorded in the preceding month, representing the seventh consecutive month of decline in general price level in the country,. The Statistician General of the Federation, Dr. Simon Harry, gave the hints on the inflation trend as captured by […]