Search Result for: NBS
Nigeria’s Inflation Soars to 33.95% in May 2024 – NBS
Nigeria’s inflation rate has surged to 33.95% in May 2024, up from 33.69% in April, according to the latest data from the National...
Nigeria’s GDP Slows to 2.98% in Q1 2024 -NBS
Nigeria’s Gross Domestic Product (GDP) growth rate slowed to 2.98% in the first quarter of 2024, down from 3.46% in the fourth quarter...
Petrol Prices Surged From N250 To Over N701 Per Litre In One Year – NBS
The National Bureau of Statistics (NBS) has reported a significant increase in the average retail price of petrol, which rose by 176.02% over...
Nigeria’s Inflation Not Looking Good – NBS 2024 Report Shows
Despite being Africa’s largest economy, Nigeria’s National Bureau of Statistics (NBS) released the inflation report for January 2024 on Thursday, showing a 0.98%...
Ondo Governship: PDP Candidate Rejects Results, Accuses APC and INEC of Criminality, Threatens Legal Action
The Ondo State governorship candidate of the People’s Democratic Party (PDP), Agboola Ajayi, has refused to accept the results of the recently concluded...
FG Approves ₦47.9 Trillion Budget for 2025, Nigerians Question What 2024’s ₦35.5trn Achieved
The Nigerian government has approved a ₦47.9 trillion budget for the 2025 fiscal year, marking a 35 per cent increase from the ₦35.5...
Nigeria’s Inflation Rate Hits 33.88% in October As Food Prices Skyrocket
Nigeria’s inflation rate rose to 33.88 per cent in October 2024, up from 32.70 per cent in September, the National Bureau of Statistics...
Axian Energy Secures Funding to Build Solar Plants With 60 MW Capacity in Kolda, Senegal
Two new solar power plants with a combined 60 MW capacity will be built in Kolda, Senegal. This was announced on Wednesday by...
Edo Gov. Okpebholo Nominates Oshiomhole’s Son as Commissioner to Compensate Oshiomhole, His godfather
Newly sworn-in Governor of Edo State, Monday Okpebholo has appointed Cyril Adams Oshiomhole as Commissioner of Health a few hours after assuming office....
Okonjo-Iweala Set to Secure Second Term as WTO Director-General
Nigeria’s Ngozi Okonjo-Iweala, the Director-General of the World Trade Organisation, is set to secure a second term as Director-General without facing any opposition....
Ghana’s Cocoa Production Expected to Increase in 2024/25 Season
Ghana’s cocoa production is expected to increase in the 2024/25 season, according to local farmers and Cocobod officials. The rebound is expected due...
Nigeria’s Power Grid Collapses Again, Marking the Tenth Collapse in 2024
Nigeria’s national grid has collapsed yet again, plunging the country into darkness at around 2:35 p.m. on Monday. The latest outage marks the...