Nigeria’s consumer price inflation rose in February after recording a fall in January as the nation faces fuel shortages that have helped push prices higher. The...
Nigeria’s rate of inflation dropped to 18.12 percent in April 2021, the National Bureau of Statistics (NBS) said on Monday It was 18.17 percent in March,...
The inflation rate in Nigeria jumped in December to its highest level in more than three years, data released on Friday by the National Bureau of...
The Nigerian government is working towards reversing the declining trend in the country’s economy, the Minister of Finance, Budget and National Development, Zainab Ahmed, has said....
The hike in food prices and other individual consumption across the country further increased the rate of inflation in Nigeria to 14.23 percent in October 2020....
Farmers and other stakeholders in the agricultural sector have projected that the high cost of food in most parts of the country will begin to drop...
The nation’s inflation rate has recorded its biggest increase so far this year, rising to 13.22 percent in August, the National Bureau of Statistics said on...
Former Vice-President Atiku Abubakar says recession cannot be said to have ended until all Nigerians can afford three square meals. He said this in reaction to...
After five consecutive quarters of contraction beginning from the first quarter of 2016, Nigeria’s Gross Domestic Product grew by 0.55 per cent (year-on-year) in real terms,...
The National Bureau of Statistics (NBS) has said government officials received an estimated N400bn in bribes within a year. The bureau made this known in its National Corruption...