Tag: NBS

Nigerian Railway Records ₦1.95bn in Q1 Passenger Revenue as Ridership Soars 37% — NBS

NBS report shows ₦1.95bn earned from passengers in Q1 2025 Over 929,000 commuters used the rail system, a 37.65% rise Sector posts 18.65% GDP growth amid renewed infrastructure push Nigerian…

Sodiq Olaitan

Cooking Gas Price Jumps 44.5% in One Year, NBS Report Shows

Average 12.5kg cylinder now costs over N20,600 nationwide South-South states record highest prices, Yobe lowest Month-on-month dip offers little relief for households The National Bureau of Statistics has confirmed that…

Sodiq Olaitan

Telcos Lost 12.3m Internet subscribers in 2021 – NBS

The National Bureau of Statistics (NBS), has disclosed that Nigeria’s internet users dipped by 7.99 percent to 141.9 million — as telecoms operators lost 12.3 million data subscribers in 2021.…

Nigeria’s Trade Surplus Soars to N5.81tn in Q3 2024

Nigeria has recorded a trade surplus of N5.81 trillion in the third quarter of 2024, showcasing a robust performance in export earnings, according to the latest report from the National…

Nigeria’s Economy Grew 3.4% in 2021 — Strongest Since 2014

The National Bureau of Statistics (NBS) has dosclosed Nigeria’s gross domestic product (GDP) grew 3.4 percent in 2021. The figure is the first annual growth above 3 percent since President…

Over 1.1 Million Nigerians Displaced, Says NBS

The National Bureau of Statistics (NBS) has reported that over 1.1 million Nigerians have been internally displaced, with a staggering 877,299 individuals driven from their homes due to ongoing conflict…

133m Nigerians Are Poor – FG

The National Bureau of Statistics, on Thursday, said Nigeria has at least one hundred and thirty-three million multi-dimensionally poor people. The NBS, in its latest National Multidimensional Poverty Index Report,…

Nigeria’s Inflation Rate Hits 34.8% Amid Festive Season Demand

Nigeria's headline inflation rate has risen to 34.80% in December 2024, up from 34.60% in November 2024, according to the National Bureau of Statistics (NBS). The increase is attributed to…

BREAKING: Nigeria Inflation Rises from 21.82%

Nigeria's inflation rate has risen from 21.82% in January to 21.91% in March 2023. This demonstrated a 0.09% point increase, according to a recent Consumer Price Index report by the…

NBS Reports 87.1% Increase In Petrol Price In November 2024

The National Bureau of Statistics (NBS) reports that the average retail price of petrol increased by 87.10% from N648.93 in November 2023 to N1,214.17 in November 2024. The NBS also…