September 19, 2024
Headlines

NBS

BREAKING: Nigeria’s Inflation Rate Slows For The Second Consecutive Month To 32.15% In August

GISTSMATE 0102 mins

Nigeria’s headline inflation rate eased to 32.15% in August 2024 down from the 33.40% recorded in July 2024, reflecting a decrease of 1.25 percentage points. This represents the second consecutive monthly slowdown in inflation after easing in the previous month. This is according to the Consumer Price Index (CPI) report published by the National Bureau…

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Nigeria Records N6.9 Trillion Trade Surplus In Q2 2024

GISTSMATE 0108 mins

The National Bureau of Statistics (NBS) has said in the second quarter of 2024 (Q2 2024), Nigeria recorded N6.94trillion trade surplus. This was contained in its report titled: “Nigeria Gross Domestic Product Q2 2024.” Which said the country’s export was N19.4trillion while its import was N12.4trillion. NBS said in the period under review, the country’s…

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