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Tag: National Bureau of Statistics (NBS)

Inflation Declines Further to 11.02% on Weak Consumer Demand 

James Emejo in Abuja The Consumer Price Index (CPI) which measures inflation maintained a downward trajectory to 11.02 per cent (year-on-year) in August compared to...

Inflation Drops to 11.08%

  By James Emejo in Abuja   The Consumer Price Index (CPI) which measures inflation dropped to 11.08 per cent (year-on-year) in July compared to 11.22 per...

NBS: Foreign Trade Volume Hits N32.26tn

The National Bureau of Statistics (NBS) yesterday said the country recorded a total trade value of N32.26 trillion year-on-year in 2018, representing 39.3 per...

NBS: Banking Sector Posted N32.48tn Transactions in Electronic Payment Channels

By Ndubuisi Francis in Abuja A total of 457,226,406 transactions valued at N32.48 trillion were recorded on electronic payment platforms in the Nigeria banking sector...

Inflation Records Marginal Drop in November, Now 15.90%

*Food pressure persists By Ndubuisi Francis in Abuja For the 10th consecutive month, inflation rate continued a downward trajectory, recording a marginal decline from 15.91 per...

In Seventh Consecutive Decline, Inflation Drops to 16.01% in August

By Ndubuisi Francis in Abuja Latest figures released by the National Bureau of Statistics (NBS) indicate that inflation rate dropped further to 16.01 per cent...

Finally, Nigeria Exits Recession, Reports 0.55% GDP Growth in Q2

• Foreign Exchange liquidity may have helped industries to grow   By Obinna Chima  After contracting for five consecutive quarters, the Nigerian economy has finally exited the recession, as data...