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Economic Data
Nigerian Inflation rises to 15.63%, after months of steady decline
The National Bureau of Statistics (NBS) on Monday announced the December 2021 inflation figures, reporting a 15.63% rise in inflation....
Read moreNigeria’s Q3 2021 GDP: 4.03% growth year-on-year in real terms
Nigeria's Gross Domestic Product (GDP) grew by 4.03% (year-on-year) in real terms in the third quarter of 2021. This is...
Read moreThe Distresses of Nigerian Businesses due to the 2020 COVID-19 Pandemic – NBS-UNDP Joint Report
The National Bureau of Statistics (NBS) and the United Nations Development Programme (UNDP) have jointly released a report which showed...
Read moreInflation drops for the fifth consecutive time in August – NBS report
The consumer price index, (CPI) which measures inflation increased by 17.01 percent (year-on-year) in August 2021, the National Bureau of...
Read moreNigeria’s Top 5 Agricultural Exports/Imports in Q2 2021
On Sunday, 5th September 2021, Nigeria's National Bureau of Statistics released the Foreign Trade in Goods Statistics for Q2 2021....
Read moreNigeria’s GDP grows 5.01% YoY in real terms in Q2 2021
Nigeria's Gross Domestic Product (GDP) grew by 5.01% year-on-year in real terms in the second quarter of 2021, according to...
Read moreInflation rate drops for the fourth consecutive time in July – NBS report
The consumer price index, (CPI) which measures inflation increased by 17.38 percent (year-on-year) in July 2021, as prices continued to...
Read moreSyria, Nigeria Are Poorest Countries in Food Affordability – IDS
Recent report by a UK-based, world class research body, the Institute of Development Studies, has shown that, as regards food...
Read moreInflation rate falls for 3 consecutive month
The National Bureau of Statistics (NBS) on Friday reported a third consecutive decline in inflation rate as June inflation figure...
Read moreNigeria imports amount to N6.85 trn in Q1 2021, details of top 5 trading partners
In the first quarter of 2021, Nigeria’s total export stood at N2.91 trillion while total import was N6.85 trillion, according...
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