The National Bureau of Statistics (NBS) says it will publish two separate inflation figures for December after changes to its ...

The International Monetary Fund (IMF) has endorsed Nigeria’s December 2025 inflation outcome and the revised inflation methodology adopted by the National Bureau of Statistics (NBS), ...

Nigeria's National Bureau of Statistics (NBS) will change the way it calculates inflation as last year's rebasing measure ...

Policy expert Justin Amase says rebasing drove inflation rate decline despite continued cost-of-living pressures.

There was a huge decrease in Nigeria’s inflation figures for January 2025 released by the National Bureau of Statistics (NBS) on Tuesday as headline inflation rate dropped to 24.48 percent from 34.80 ...

Yemi Kale, group chief economist at the African Export-Import Bank (Afreximbank) and the architect of Nigeria’s 2014 GDP rebasing, ...

Nigeria’s recent rebasing exercise has revealed that the economy is more than 30% bigger than previously estimated putting GDP at N372.8trn naira ($243bn) in 2024 – significantly higher than the IMF’s ...

Rebasing means to base GDP against a benchmark of prices from a particular year over the years to determine the GDP for current periods. Dr Taiwo Oyedele, Chairman, Presidential Committee on Fiscal ...