Inflation Data Uncertain While Nbs Website Hack Persists

Nigerias main data distribution organisation, the National Bureau of Statistics NBS, is still in shock over a cyberattack on its official website that happened on December 18, 2024.

The website was still unavailable as of January 14, 2025, casting doubt on the timely delivery of its highly anticipated inflation and Consumer Price Index data, which is normally released on the fifteenth of every month.

Within a year, Nigerians paid an estimated N2.3 trillion in ransom, according to the NBSs contentious Crime Experience and Security Perception Survey, which was published just days before the breach.

Due to the reports sensitive nature, there has been conjecture regarding a potential connection between the cyberattack and the surveys publication.

The NBS confirmed the hack on its official X formerly Twitter account and assured the public that steps were being made to restore the website.