Nigeria’s Inflation Rate Rises to 33.8% Under President Tinubu …C0NTINUE READING HERE >>> Nigeria’s inflation rate has risen to 33.8% under President Tinubu. Newsone Nigeria reports that the National Bureau of Statistics (NBS) says Nigeria’s inflation rate was 33.88 percent in October — up from 32.7 percent in September. The data is captured in the NBS’ latest consumer price index … Read more
Petrol Price Surged By 64% In One Year — NBS Report …C0NTINUE READING HERE >>> The National Bureau of Statistics (NBS) has reported a significant rise in the average retail price of Premium Motor Spirit (PMS), commonly known as petrol, which surged to ₦1,030.46 per litre in September 2024. In its publication, titled ‘Premium Motor … Read more
NBS: Nigeria’s Capital Importation Declines by 22% in Q2 …C0NTINUE READING HERE >>> Nigeria’s capital importation declined by 22.85 percent from $3.37 billion in the first quarter of 2024 to $2.60 billion in the second quarter of the year. Newsone Nigeria reports that the National Bureau of Statistics (NBS) made this known in its Capital Importation report for the … Read more
Nigeria’s Inflation Rate Falls to 33.15% …C0NTINUE READING HERE >>> The headline inflation rate in Nigeria dropped to 33.15% in August 2024, showing a reduction of 1.25 percentage points from the 33.4% recorded in July. This decline marks the second consecutive month of easing inflation, signaling a positive trend in the country’s economic performance. According … Read more