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Nigeria records 3.40% GDP growth rate in 2021 – NBS

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The nation’s Gross Domestic Product (GDP) grew by 3.40 per cent in 2021, the National Bureau of Statistics (NBS) has said. Mr. Simon Harry, the...

Nigeria’s inflation drops to 15.6%, says NBS

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The consumer price index (CPI), which measures inflation, dropped to 15.60 per cent (year-on -year) in January 2022 from 15.63 per cent recorded in...

Inflation rises to 15.63% in December, food prices push up CPI

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Uptick demand for goods and services associated with yuletide season pushed Consumer Price Index (CPI) known as inflation to 15.63% in December. This was against November...

NBS: Capital importation stands at $1.73bn in Q3, 2021

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The total value of capital importation into Nigeria stood at $1.73 billion in the third quarter of 2021, from $875.62 million in the preceding...

NBS: Nigeria imports N1.05trn worth of petrol in three months

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Nigeria imported Premium Motor Spirit (petrol) worth N1.05 trillion in Quarter Three (Q3) of 2021, the Nigeria Bureau of Statistics (NBS) has said. The figure...

Nigeria’s economy contracts, grows by 4.03% in Q3, 2021 – NBS

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The Nigerian Bureau of Statistics (NBS) has declared that the nation’s economy contracted in the Third Quarter of 2021. The Gross Domestic Product (GDP) growth...

NBS: Nigeria’s inflation declines for 7th month, births at 15.99%

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Nigeria’s headline inflation declined for the seventh consecutive month to 15.99 per cent in October, the National Bureau of Statistics (NBS) has said. Statistician-General of...

Nigeria’s inflation drops to 16.63% as food prices remain high –...

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For the sixth consecutive times the, the monthly inflation has dropped to 16.63 per cent in September from August figure of 17.01 per cent, National Bureau...
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