The monetary tightening policy of the Central Bank of Nigeria is beginning to yield results as the country’s inflation experiences a sharp decline. Figures released by the National Bureau of Statistics on Wednesday in Abuja showed that the country’s inflation dropped to 8.6 per cent in March from 9.5 per […]
Tag: National Bureau of Statistics
Nigeria: Inflation Rise By 9.5% in Feb’ 2013
In February 2013, the Consumer Price Index (CPI), which measures inflation, rose by 9.5 per cent year-on-year (compared to 9.0 per cent in January). Relative to January, the rise in the headline index could be attributed to increases in farm produce prices due to limited supplies as the toll of […]
Nigeria records 4.3% drop in external trade – NBS
The National Bureau of Statistics has said the country recorded a decline of 4.3 per cent in external trade in the 2012 fiscal period. The Bureau, in its fourth quarter 2012 trade statistics report released on Monday in Abuja, specifically said external trade dropped from N29.33tn in 2011 to N28.07tn […]
