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Nigeria’s Inflation Rises to 33.88%, NBS Blames Rising Food, Housing Costs

The National Bureau of Statistics (NBS) stated that Nigeria’s headline inflation rate rose to 33.88% in October 2024, up 1.18% from 32.70% in September....

Business

Zenith Bank Reports N2.10trn Gross Garnings In Half Year 2024

Zenith Bank Plc has released its interim consolidated and separate financial report for the half year ended June 30, 2024.The report showed that the...

Business

FG Rakes N2trn From Crude Oil Exports To South Africa, Ivory Coast, Other African Countries

Nigeria’s trade with other African countries has seen improvement over the last three months with the country earning over N2.028tn as export proceeds from...

Business

BREAKING: High Cost Of Food, Beverages Drive Nigeria’s Inflation To 33.69%…Fourth Consecutive Increase In 2024

The National Bureau of Statistics (NBS) on Wednesday said the April 2024 headline inflation rose to an all-time high of 33.69 per cent.This shows...

News

Jobberman Unveils the She’s More Initiative to Deliver Targeted Intervention Programs

According to Jobberman, the goal of the campaign is to train over 558,000 young women in business management, vocational skills, soft skills, and financial...

Business

Over 19,333 Travellers, Commuters Die From Accident On Nigerian Roads

The state of bad roads and poor road maintenance culture have led to the death of at least 19,333 Nigerians in a period of...

Business

JUST-IN: Food Inflation Hits 31.5% As Rent, Electricity Bills Soar

Nigeria’s inflation rate has risen to a record 27.33 per cent in October, principally driven by the high cost of food and non-alcoholic beverages,...

Business

Price Of Local Rice, Garri, Others Double In One Year As Cost Of Living Worsens

The cost-of-living crisis has worsened in Nigeria as the average price of most staples and other food that served the average Nigerian household has...

Business

Price Of Local Rice, Gari, Others Double In One Year As Cost Of Living Worsens

The cost-of-living crisis has worsened in Nigeria as the average price of most staples and other food that served the average Nigerian household has...

Business

‘Inflation Eroding The Value Of Naira, Pushing More Nigerians Into Poverty’- Experts React To NBS Report

Some economic experts have said that Nigeria’s rising inflation is difficult to tackle without fixing the foreign exchange crisis and epileptic power situation in...

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Tag: NATIONAL BUREAU OF STATISTICS

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