Tag: National Bureau of Statistics

Headline Inflation to Remain at 8.64% in August

The National Bureau of Statistics (NBS) is expected to release the GDP numbers tomorrow and the headline inflation data for August 2013 on September 17, one week ahead of the MPC meeting this month. FDC is forecasting that headline inflation will remain unchanged at 8.64%. This will mean that the […]

Revised GDP operational 2014, to capture 42 activities

The National Bureau of Statistics on Monday said the country’s Gross Domestic Product, which is currently being revised, would capture 42 activities. The bureau also hinted that barring any unforeseen contingencies, the country’s rebased GDP would take effect from next year. Currently, Nigeria’s GDP, which is the computation of the […]

NIGERIA INFLATION AT 9.1%, GDP 6.56%, INTEREST RATE 12%: WHAT NEXT FOR THE ECONOMY?

Nigeria’s inflation rate in 2013 continues to be below 10 percent for the fourth month in a role. According to the numbers coming from The National Bureau of Statistics (NBS), the 2013 April inflation rate stood at 9.1 per cent, much higher that of March 2013 which was 8.6 percent. […]