Nigeria’s headline inflation jumped to 24.08 per cent in July 2023, the National Bureau of Statistics has revealed.
The telecommunications and Information Services sector in Nigeria has, in the first quarter 2023, delivered a handsome N2.508 trillion in terms of financial value contribution to the nation’s gross domestic product (GDP), representing 14.13 per cent.
Latest figure by the National Bureau of Statistics (NBS) on inflation has shown that headline inflation rose to 20.77 per cent in the month of September, 2022.
The National Bureau of Statistics on Thursday said Nigeria‘s headline inflation climbed to a new high of 20.52 per cent in August on a year–on–year basis.
The National Bureau of Statistics has said Nigeria’s headline inflation rate increased to 19.64 per cent on a year-on-year basis in July, the highest since 2005
Last week, the National Bureau of Statistics (NBS) released the Q1-2022 GDP figures showing that the Nigerian economy expanded by 3.1% y/y in real terms in what was broadly a positive surprise as the growth print topped consensus expectations and our in-house forecast.
The National Bureau of Statistics (NBS) has said that Nigeria’s Gross Domestic Product (GDP) increased by 3.98 per cent at the end of the fourth quarter of 2021.
Nigeria’s Gross Domestic Product grew by 3.98 per cent in the fourth quarter of 2021.
Nigeria imported manufactured goods worth N2.78tn while the total export component was N254.2bn between April and June.
Nigeria’s economy has entered a negative growth as confirmed in a new report released by the National Bureau of Statistics (NBS) on Monday August 24.