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Tag: National Bureau of Statistics
BREAKING: Again, Nigeria Slips Into Recession As Economy Shrinks
November 21, 2020
The Nigerian economy has slipped into its second recession in five years after the gross domestic product contracted the second consecutive quarter. This is the nation’s second recession since 2016, and the worst economic decline ...
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BREAKING: Nigeria’s Inflation Rate Hits 13.7%
October 15, 2020
Nigeria’s inflation rose to 13.7 per cent in September, hitting its highest level since its 13.34 per cent rate of March 2018. The National Bureau of Statistics disclosed this in its Consumer Price Index report ...
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Nigeria’s Inflation Hits 13.22%, Records Biggest Monthly Increase In 2020
September 15, 2020
Nigeria’s inflation rate has recorded its biggest increase so far this year, rising to 13.22 per cent in August. According to a report by the National Bureau of Statistics said on Tuesday, the 13.22 per ...
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