Tag:NBS

Nigeria’s GDP Jumps 4.43% as Oil Output Hits 4-Year High

  Nigeria’s economy recorded a stronger performance in the second quarter of 2026, with Gross Domestic Product (GDP) growing by 4.43 per cent year-on-year, while...

ADC Says Rising Food Prices Show Tinubu Government Has Run Out of Ideas

The African Democratic Congress (ADC) has criticised the Federal Government over rising food prices, saying the continued increase in food inflation shows that Nigerians...

Nigeria Inflation Falls to 15.43% as Food Prices Keep Rising

Nigeria’s headline inflation rate eased to 15.43 per cent in July 2026, extending the recent moderation in price pressures, even as rising food prices...

Food Prices Rising Again, CPPE Raises Fresh Alarm Over Cost of Living

  The Centre for the Promotion of Private Enterprise (CPPE) has raised fresh concerns over rising food prices, warning that renewed food inflation is worsening...

World Bank Ranks Tincan and Apapa Ports Among Global Top 20 Improved Ports

The World Bank has listed Nigeria’s Tincan Island and Apapa Port Complexes among the Top 20 improved ports globally in its 2025 Container Port...

Without oil data, GDP figures impossible,” NBS warns as it seeks stronger partnership with NUPRC

The National Bureau of Statistics (NBS) has called for deeper collaboration with the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), stressing that accurate oil and...

Inflation Edges Up to 15.38% as NBS Rebasing Reshapes Price Trends

  ABUJA — Nigeria’s headline inflation rate rose to 15.38 per cent in March 2026, up from 15.06 per cent recorded in February, according to...

Nigeria’s Inflation Eases to 16.05% in October, Signaling Seventh Straight Monthly Decline

ABUJA — Nigeria's headline inflation rate continued its downward trajectory in October 2025, dipping to 16.05% from 18.02% the previous month, according to fresh...

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Nigeria, Southern Africa Move to Deepen Trade and Economic Cooperation

Nigeria and countries of the Southern African Development Community (SADC) are seeking to deepen economic cooperation in trade, investment,...
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Fake OPay Shutdown Notice: Police Arrest 27-Year-Old Woman

  The Nigeria Police Force National Cybercrime Centre has arrested a 27-year-old woman, Hafsat Abubakar, over the alleged creation and...

Gas-Laden Bus Crashes Into 3 Vehicles, Sparks Panic in Ilorin

  Panic erupted among motorists and residents along Ibrahim Taiwo Road, Ilorin, Kwara State, on Wednesday after a gas-laden Toyota...

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Nigeria, Southern Africa Move to Deepen Trade and Economic Cooperation

Nigeria and countries of the Southern African Development Community...

Fake OPay Shutdown Notice: Police Arrest 27-Year-Old Woman

  The Nigeria Police Force National Cybercrime Centre has arrested...