Nigeria’s headline inflation rate rose to 22.22 percent in April, the National Bureau of Statistics (NBS) said on Monday. The country’s inflate was pegged at 22.04...
Data from the National Bureau of Statistics has revealed that Nigerian states were forced to surrender a staggering N78 billion in allocations to pay off external...
The National Bureau of Statistics (NBS) has revealed that only 6.1 percent of the population interviewed for the Global MICS Programme survey is aware of and...
The National Bureau of Statistics (NBS) has revealed that Nigeria’s internet user population rose to 154.8 million in the fourth quarter of 2022. NBS disclosed this...
The National Bureau of Statistics (NBS) has disclosed that Nigerians including companies, and government agencies paid a total of N828 billion for electricity in 2022. The...
Importation of motorcycles in Nigeria dropped by 42.1 per cent year-on-year, according to the 2022 importation bill obtained from the National Bureau of Statistics (NBS). The...
Nigeria’s inflation rate climbed to a new 17-year high of 21.91% in February 2023 on the backdrop of the new naira note design and uncertainties relating...
These top 10 stories across the nation’s newspapers might interest you. 1. ‘Parties have no right to analyse BVAS,’ INEC forecloses inspection of election materials by...
The Nigeria Bureau of Statistics (NBS) has revealed that Nigeria exported cigarettes worth N57 billion in 2022. The agency disclosed this in its foreign trade report...
The National Bureau of Statistics (NBS) has revealed that Nigeria made N21 trillion from the sale of crude oil in 2022. The oil sales recorded is...
The National Bureau of Statistics (NBS) said on Friday that Nigeria’s Gross Domestic Product (GDP) rose by 3.52 percent in the fourth quarter of last year....
The National Bureau of Statistics (NBS) has announced that Nigeria’s economy grew in the fourth quarter of 2022, at a faster pace compared to the previous...
The National Bureau of Statistics (NBS) has revealed that the South-East region of the country recorded the highest average retail price for Premium Motor Spirit (PMS)...
The National Bureau of Statistics (NBS) has revealed that Nigeria’s inflation returned to upward movement as it was high at 21.82 percent in January 2023. January...
The average retail price per litre of kerosine rose by 136.04 per cent year-on-year basis in Nigeria, the National Household Kerosene Price Watch report disclosed. According...
Inflation in Nigeria accelerated for the 10th straight month to 21.47% in November. The figure means that in the month of November 2022, the general price...
Nigeria sold goods worth N1.7 trillion to other countries in Africa in the first nine months of this year. The National Bureau of Statistics (NBS) disclosed...
Nigeria recorded N16 trillion from crude oil sales between January and September 2022. The oil sales recorded by the Nigerian National Petroleum Company Limited is captured...
Crash in crude oil export has decreased Nigeria’s earnings from trade export down by 9.7 per cent in the third quarter of 2022, with Spain leading...
The National Bureau of Statistics (NBS) has announced plans to adjust the methodology used in calculating unemployment figures in Nigeria. The Statistician-General of the Federation/CEO of...
The National Bureau of Statistics (NBS) has revealed that the agricultural sector continues to struggle despite the massive intervention in the sector. According to NBS latest...
A former Deputy Governor of Central Bank of Nigeria (CBN), Kingsley Moghalu, has said Nigerian leaders are unconcerned about diversified ways of creating wealth. Moghalu while...
The National Bureau of Statistics (NBS) has revealed that five sectors of the economy are in a recession. NBS disclosed this is its latest Gross Domestic...
The National Bureau of Statistics (NBS) has revealed that in the third quarter, Nigeria recorded a growth of 2.25 percent year-on-year in real terms. NBS stated...
The National Bureau of Statistics (NBS) has revealed that Nigerians once again paid more to prepare their meals. In its latest price report published on Monday,...
Hello, and welcome to the Business Roundup this week. Here, we bring you highlights of events that happened during the week -from the capital market to...
Former lawmaker who represented Kaduna Central Senatorial District, Shehu Sani, has knocked the ruling All Progressives Congress APC) for plunging Nigerians deeper into poverty. Ripples Nigeria...
The National Bureau of Statistics (NBS) has revealed that 133 million Nigerians live in poverty on multiple fronts. The NBS stated in its most recent National...
The National Bureau of Statistics (NBS) has revealed that Nigerians have spent about N9.51 trillion on household expenses monthly. In the recently released data on Nigeria’s...
The National Bureau of Statistics (NBS) revealed that Nigeria’s food inflation hit 23.72 per cent in October 2022, in contrast to the 23.34 per cent recorded...
The National Bureau of Statistics (NBS) has revealed that the salaries of Nigerian workers had dropped to a 21-month low. NBS stated this in its Nigerian...
Within one year, Nigeria’s total public debt grew by N7.38 trillion, to close the second quarter of 2022 with N42.84 trillion ($103.31 billion), according to the...
The National Bureau of Statistics (NBS) has disclosed that the average price of cooking gas has increased by 86 percent in a year. It stated this...
The National Bureau of Statistics (NBS) has revealed that Nigeria’s inflation rate surged to 20.77% in September 2022 , the highest rate since September 2005....
The National Bureau of Statistics (NBS) has revealed that commercial banks in Nigeria recorded salaries and employee expenses of over N602 billion in the 12 months...
Hello, and welcome to the Business Roundup this week. Here, we bring you highlights of events that happened during the week -from the capital market to...
The National Bureau of Statistics (NBS) has revealed that Nigeria recorded a positive trade of N1.9 billion in the second quarter (Q2) of 2022. NBS disclosed...
Investors have continued to pass up opportunities to invest in the Nigerian economy, putting their personal safety and investment security first. Investors hold the view that...
Nigerians were made to pay more to move from one location to another in July, regardless of the mode of transportation. This was disclosed in the...
Nigeria’s GDP grew 3.54% in the second quarter, slower than in the same period a year earlier, as oil production declined and inflation rose. The Q2...
A report by the National Bureau of Statistics (NBS) has rubbished claims made by President Muhammadu on how the policies of his administration has impacted on...
The National Bureau of Statistics (NBS) has reported that capital importation declined in Q1 2022, mirroring other corresponding first quarters between 2019 and this year, with...
Lagos has been ranked as the state with the highest number of internet data subscribers in the country. The commercial city was followed by Ogun and...
Nigerian and foreign companies have remitted a total of N588.59 billion from Value Added Tax (VAT) in the first three months of this year. This is...
Despite reportedly having the 5th largest cattle herd in Africa, Nigeria in the first three months of the year spent over N27.664 billion importing milk. The...
Nigerians spent N135.85 billion on importation of motorcycles from different part of the world in six months. The National Bureau of Statistics (NBS) disclosed this in...
The total value of foreign investment or capital importation into Nigeria dropped on a quarter-on-quarter basis by 28.1 per cent to $1.6 billion in the first...
Nigerian companies across the country both local and foreign-owned paid to the account of the federal government a total of N532.48 billion in tax in the...
Local airfares’ baseline appreciated by 4.43 percent in the month of March as airlines responded to a spike in the price of aviation fuel and the...
Despite the high cost of air transportation, Nigeria’s domestic airlines in 12 months of 2021 airlifted over 13 million passengers from one part of the country...
