In its Transport fare Watch report for April 2020 on Wednesday, the National Bureau of Statistics (NBS) said the average fare paid by commuters for bus journey within the city increased by 8.21 per cent month-on-month and by 23.43 per cent year-on year to N223.71 in April 2020 from N206.73 in March 2020, The Nation … Read more
Nigeria appears to be making fiscal gains despite palpable global economic downturn and plunge in oil prices occassioned by the virulent COVID-19 pandemic. On Monday, the National Bureau of Statistics (NBS) disclosed that Nigeria’s Gross Domestic Product (GDP) grew by 1.87 per cent (year-on-year) in the first quarter of this year. The bureau made the … Read more
![NBS, Nigeria’s inflation rate, [JUST IN] Again, Nigeria’s Inflation Rate Rises To 17.33%](https://ekohotblog2.com/wp-content/uploads/2020/01/Inflation.jpg)
The National Bureau of Statistics (NBS) says Consumer Price Index, (CPI) which measures the inflation rate, increased by 11.98 percent year-on-year in December 2019. Ekohotblog understands that the NBS made this known in its CPI and Inflation Report of December 2019 released on Friday. NBS said the CPI report for December recorded an inflation rise … Read more
Mr Godwin Emefiele the Governor of the Central Bank of Nigeria has said that the rise in inflation is temporary and will go down aggressively in another three to four months. Recall the National Bureau of Statistics (NBS), showed inflation figures at a 17-month high, rise to 11.61% in October. READ ALSO: Nigeria’s Inflation Rate … Read more
The National Bureau of Statistics (NBS) said the country recorded a total trade value of N8.2 billion for the first quarter of 2019, representing a growth of 2.50 per cent when compared to the previous quarter, (fourth quarter, 2018). The NBS said this in its Foreign Trade in Goods Statistics for First Quarter of 2019 … Read more