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Tag: National Bureau of Statistics
Why cooking gas price fell in May
The cost of liquefied petroleum gas, otherwise known as cooking gas, appears to be on a downward spiral lately. Consumers who spoke with The PUNCH in Ogun, Lagos, Oyo and…
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Nigeria’s inflation rate will drop to 23% by 2025 : IMF
In a recent release of its Global Economic Outlook at the International Monetary Fund/World Bank Spring Meetings in Washington D.C., on Tuesday, the IMF provided projections for Nigeria’s economy, indicating…
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NBS Report: Naira Crash Pushes Raw Material Imports To N3trn
Imports of raw materials into the country rose by 25 per cent to N3tn in 2023 and this is according to the Foreign Trade Statistics data published by the National…
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Inflation Climbs to 28.92%, Closes At 21-Year High — NBS
Food inflation continues to outperform general inflation. In December 2023, the food inflation rate was 33.93 per cent. Inflation has continued to rise, according to a report by the National…
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