Tag: NBS

  • LAGOS RANKS NO 1 AS NBS RELEASES IGR REPORT

    LAGOS RANKS NO 1 AS NBS RELEASES IGR REPORT

    Lagos has retained its position as the top revenue-generating state in 2024, according to the National Bureau of Statistics’ (NBS) recently released report on Internally Generated Revenue (IGR) at the state level. Announced on Monday via the NBS X (formerly Twitter) handle, the report revealed that all 36 states and the Federal Capital Territory (FCT)…

  • NBS REPORT NIGERIA’s INFLATION FELL TO 22.22% IN JUNE

    NBS REPORT NIGERIA’s INFLATION FELL TO 22.22% IN JUNE

    Headline inflation rate for June 2025 is said to have decreased slightly to 22.22% from 22.97% in May 2025, marking a 0.75 percentage point decline month-on-month and an 11.97 percentage point drop compared to June 2024’s 34.19%. This trend reflects the impact of a rebased index with 2024 as the new base year. Despite the…