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Business

Breaking! Nigeria’s Inflation Rate Climbs 18%, Food Index Worst-hit

Nigeria's Consumer Price Index (CPI), which measures inflation has increased by 18.17% in March 2021, according to the lastest report by National Bureau of...
Business

Phone Call, Data Usage: Lagos, Kano, Ogun Top — NBS Report

From Segun Amure, (The New Diplomat's Abuja Bureau) The National Bureau of Statistics (NBS) has said Lagos, Kano and Ogun are the states with the...
Economy

Why February Inflation Rate Was Inevitable – Experts

Financial experts on Tuesday said the February inflation figure of 17.33 per cent was inevitable due to drop in agriculture production and price hikes...
Business

Nigeria’s Unemployment Rate Hits 33%, NBS Gives Breakdown

By Abiola Olawale The National Bureau of Statistics (NBS) has reported that about 23.19 million Nigerians were unemployed in the fourth quarter of 2020, accounting...
Business

How Nigerians Paid More For Fuel In January, NBS Releases Breakdown

From Segun Amure, (The New Diplomat's Abuja Bureau) The National Bureau of Statistics, (NBS) in its January monthly report revealed Nigerians paid more for fuel...
Business

Nigeria’s Economy Beats Recession, Posts 0.11% GDP Growth [Details]

Daily Oil Production Slumped To 1.56mbpd in 4th Quarter Economy Shrank By 1.92% In 2020 Nigeria’s economy emerged...
Business

Nigeria’s Inflation Worsens, Hits 16.47 Percent

Amidst rumours of an impending hike in the pump price of petrol, the National Bureau of Statistics (NBS) announced on Tuesday that the country’s...
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