Nigeria’s economy has expanded to ₦372.82 trillion after the National Bureau of Statistics (NBS) updated its GDP base year from 2010 to 2019. This rebasing, which reflects current prices and activities, raised the country’s GDP by over 41%.
The Statistician-General,...
Nigeria’s inflation rate fell to 23.71% in April 2025, down from 24.23% in March, the National Bureau of Statistics (NBS) reports.
Food inflation also eased to 21.26% year-on-year, compared to 40.53% last year. Monthly price rises slowed, helped by lower...
The Presidency has asserted a significant reduction in cases of kidnapping, armed banditry, and cattle rustling, following the release of the Crime Experience and Security Perception Survey (CESPS) by the National Bureau of Statistics (NBS).
The NBS report, based on...
The National Bureau of Statistics (NBS) has reported that 614,937 Nigerians were killed, and 2,235,954 others were kidnapped nationwide between May 2023 and April 2024. The findings were revealed in the Crime Experienced and Security Perception Survey (CESPS) 2024.
The report...
The National Bureau of Statistics (NBS) has reported that Nigerian households experienced 26.53 million crime incidents in rural areas between May 2023 and April 2024, with a staggering N2.23 trillion paid as ransom during the period.
The Crime Experience and Security...
In the first nine months of 2024, 32 of Nigeria's 36 states, along with the Federal Capital Territory (FCT), recorded no foreign investment, according to data from the National Bureau of Statistics (NBS). This marked an increase from 27...
