National Bureau of Statistics

Official Figures published on Saturday by the National Bureau of Statistics indicates that Nigeria has entered its second recession in five years.

National Bureau of Statistics Inflation rate rose by 12.40 percent in May 2020, up by 0.06 percent points higher than the 12.34 percent recorded in April 2020. The consumer price index, (CPI) which measures inflation, released Wednesday by the National Bureau of Statistics (NBS), showed that price increases were recorded in all divisions that yielded […]

The National Bureau of Statistics has disclosed that the country’s capital importation drops by 31.19 per cent to $5.85billion in first quarter (Q1) of 2020 as against $8.51 billion reported in Q1 2019. The Bureau in its “Nigerian Capital Importation Q1 2020” report stated that,“the largest amount of capital importation by type was received through […]

Nigeria may have recorded significant shift in energy consumption pattern with National Bureau of Statistics, NBS, data showing massive drop in kerosene imports while a significant increase has been recorded in diesel import. The volume of Premium Motor Spirit (PMS), otherwise known as petrol, importation rose marginally. Industry analysts believe that more consumers of kerosene […]

The National Bureau of Statistics on Tuesday said the Consumer Price Index, which measures inflation rose by 12.26 per cent year-on-year in March. The bureau in the CPI report said the 12.26 per cent inflation for March is 0.06 percentage points higher than the 12.2 per cent recorded in February. The report said the lockdown […]

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