Price of Healthy Food Increases by 32% in 5 Months – NBS
The average cost of purchasing healthy food daily increased by 32 per cent to N1,041 in May 2024 from N786 in December 2023. The National Bureau of Statistics, NBS,…
Nigerians Paid 87 Million Bribes in 2023 As Refusal Rate Increases – NBS
According to the National Bureau of Statistics (NBS), Nigerians paid a total of 87 million bribes in 2023, a decrease from the 117 million bribes paid in 2019. The…
South-West Records Highest Cost of Healthy Diet, North-West Lowest – NBS
A recent report by the National Bureau of Statistics (NBS) has revealed that the South-West zone has the highest average cost of a healthy diet (CoHD) at ₦1,545 per…
Cooking Gas Price Drops by 14.23% in July – NBS
The National Bureau of Statistics (NBS) has reported a 14.23% drop in the price of Liquefied Petroleum Gas (cooking gas) in July 2024. According to the NBS report,…
COVID-19: 58% households Reduce Food Consumption in 6 Months — NBS
A survey by the National Bureau of Statistics (NBS) has shown that 58 percent of households in Nigeria reduced their food consumption between July and December 2020 in order to…
JUST IN: Inflation drop to 33.2% in August 2024 – NBS
Nigeria's headline inflation rate has dropped to 33.2% in August 2024, indicating a 1.25% decrease from the 33.4% recorded in July 2024. This represents the second consecutive monthly slowdown in…
Nigeria’s Unemployment Rate Hits 33.3%
Nigeria’s unemployment rate has hit a new record high of 33.3 per cent in fourth quarter (Q4) 2020 from 27.1 recorded in second quarter (Q2) 2020. “In the case of…
Nigeria’s Unemployment Rate Rises to 5.3% in Q1 2024, NBS Reports
Nigeria’s unemployment rate climbed to 5.3% in the first quarter of 2024, marking an increase of 1.2 percentage points from 4.1% in the same period last year, according to the…
Average Price For Cooking Gas Up in February — NBS
The National Bureau of Statistics, NBS, on Saturday disclosed the average price for refilling five kilogrammes (5kg cylinder of Cooking Gas) increased to N2,018.91 in February from N1,949.02 in January.…
Nigeria on Track to $1tn Economy by 2030–Tinubu
President Bola Tinubu has reaffirmed his administration's commitment to driving Nigeria’s economy towards the $1 trillion mark by 2030, following positive signs from the latest economic reports. The National Bureau…