Tag: National Bureau of Statistics

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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