The National Bureau of Statistics (NBS) is Nigeria's official statistical agency responsible for collecting, analyzing, and disseminating statistical data.
Nigeria’s inflation slows in third consecutive month to 22.22%
Nigeria's headline inflation decelerated to 22.22% in June, down from 22.97% in May. Food inflation increased slightly to 21.97% in June compared to the previous month.
Nigeria’s inflation eases to 23.71%, reducing possible rate hike
Nigeria's consumer price inflation decelerated to 23.71% year-on-year in April. Food prices like maize, wheat, and yam contributed to the decline in inflation.
Nigerian govtech startups bringing innovation to public services
The National Bureau of Statistics announced its website was compromised in December 2024, warning the public against trusting its data. The NBS website has experienced instability, causing disruptions in critical planning for businesses and researchers.
Nigeria’s inflation figures fall to 23.1%, one month after rebasing exercise
Nigeria's headline inflation decreased to 23.1% in February 2025. Inflation dropped from 24.48% in January 2025.
Nigeria’s new inflation figures fall to 24.48%, after rebasing exercise
Nigeria's headline inflation dropped to 24.48% from 34.80% after a rebasing exercise. The rebasing updated the basket of goods from 740 to 960 items.
