The National Bureau of Statistics (NBS), reported on Wednesday that Nigeria’s headline inflation rate further surged in October 2023 to 27.33 percent, up from the 27.13% recorded in the preceding month amid spiking food and other items’ prices during the month. The statistics agency, in its Consumer Price Index October 2023’ report published on its […]
The National Bureau of Statistics (NBS) on Tuesday solicited stakeholders’ support on the production of the National Strategy for the Development of Statistics (NSDS) 2024-2028 scheduled to soon commence nationwide. The NSDS 2024-2028, which is the Phase III of the exercise, is a comprehensive framework to guide the systematic and co-ordinated development of statistical activities […]
….As Other Food Items Cost More Consumers in the country bought 1kg of loose locally rice at an average price of by 60.59% higher in September this year at N757.06 compared to the N471.42 it sold at in the corresponding month of last year, The National Bureau of Statistics (NBS) in its ‘Selected Food Price […]
….As Other Food Items’ Prices Surge Consumers in the country bought 1kg of loose locally rice at an average price of by 60.59% higher in September this year at N757.06 compared to the N471.42 it sold at in the corresponding month of last year, The National Bureau of Statistics (NBS) in its ‘Selected Food Price […]
Users of Liquefied Petroleum Gas (cooking gas) in the country paid higher for the commodity in September when compared to the prices they paid in the preceding month, the National Bureau of Statistics (NBS), has reported. The statistics agency, in its ‘September 2023 Liquefied Petroleum Gas (LPG) Price Watch’ report published on Thursday, disclosed that […]
…..As consumers pay 4.27% higher for diesel M-o-M Motorists and other fuel users in the country bought fuel at an average retail price of N626.21 per litre in September, indicating a 226.75% increase when compared to the value of the product in the corresponding month of last year. However, the Premium Motor Spirit (Petrol) Price […]
….As Food Prices Sustain Surging Trend The National Bureau of Statistics (NBS) on Monday reported that in September 2023, the headline inflation rate rose to 26.72% compared to the August 2023 headline inflation rate which stood 25.80%. The Bureau, in its ‘CPI and Inflation Report September 2023’ report published on its website, indicated that […]
The National Bureau of Statistics (NBS) has reported that Nigeria’s total capital importation in the second quarter of this year, remarkably decreased to US$1,030.21 million, lower than US$1,535.35 million recorded in Q2 2022. The Q2 2023 figures indicated a decrease of 32.90% year-on-year (Y-o-Y) but when compared to the preceding quarter, the nation’s capital importation […]
……Nigeria’s exports to country rise to N788.85bn The National Bureau of Statistics (NBS) on Friday reported that The Netherlands ranked top of the five partners and by major commodities in Nigeria’s merchandise trade with foreign countries in the second quarter of this year. The Bureau, in its ‘Commodity Price Indices and Terms of Trade Q2 […]
The World Bank has predicted that the recent military takeover of government in Niger Republic will likely mount additional pressure on the region’s food markets, with the attendant implications for rising prices for food items. The Washington D.C-based development finance institution made this forecast in its September Food Security update and the bank’s response to […]