Nigeria’s inflation rate climbed to 29.90 per cent in January 2024 from 28.92 per cent recorded in the previous month. The 0.98 per cent increase confirms...
Today, we take a closer look at some of the drivers of Nigeria’s headline inflation, following our initial commentary on December’s headline reading. We see from...
The Federation Account Allocation Committee (FAAC) disbursed the sum of N1.62 trillion to the three tiers of government in December 2023 from the total revenue generated...
By Umar Suleiman Investment in the Nigerian telecommunications sector dropped to $111.91 million in the first three quarters of 2023, down 61.22 per cent from $288.55...
Foreign Direct Investments into Nigeria declined by $470.8m in the last five years, findings have shown. This followed analyses of different Capital Importation reports published by...
Diaspora remittance inflows from Nigerians living in other countries around the world amounted to $125.169 billion in the six-year period spanning 2016 to 2021. This is...
Nigeria’s Gross Domestic Product remained subdued in the third quarter, growing marginally by 2.54 per cent year-on-year in real terms in the third quarter of 2023,...
The Inflation rate in Nigeria has risen for the tenth consecutive times in October 2023. According to the report released by the National Bureau of Statistics (NBS), the...
Nigeria’s inflation rate has climbed to 26.72 per cent to hit highest point in 18 years, marking a 0.92 per cent increase from the previous month’s...
By CSL Research Team According to the National Bureau of Statistics (NBS), total foreign capital importation into Nigeria in Q2 2023 was $1.03 billion, lower than...
Government revenue got a boost as taxes from companies and consumers rose by 96.11 per cent to N2.31 trillion in the second quarter of 2023. According...
The Centre for the Promotion of Private Enterprise (CPPE) has explained factors that led to the slowing down of the Nigerian economy in the second quarter...
Nigeria’s Gross Domestic Product (GDP) growth rate slowed to 2.51 per cent year-on-year in the second quarter of this year (Q2 2023) compared to 3.54 per...
The National Bureau of Statistics (NBS) said Nigeria’s headline inflation rate increased to 24.08 per cent in July 2023. The NBS disclosed this in its Consumer...
Interests of foreign investors in Nigeria’s manufacturing sector dwindled significantly in the first quarter of 2023, the National Bureau of Statistics (NBS) revealed in its capital...
The average cost of bus transportation within Nigerian cities rose from N649.59 in May 2023 to N1,285.41 in June 2023 as the pump price of Premium...
Cost of living in Nigeria as measured by the Consumer Price Index (CPI) has maintained its upward trend as the CPI otherwise known as inflation again...
Nigeria’s Foreign Trade Posts N927.2 billion Surplus Nigeria recorded a total foreign trade of N12.05 trillion in the first quarter of 2023, a marginal uptick of...
By Christy Animam Nigeria’s Gross Domestic Product slowed to 2.31 per cent in real terms during the first quarter of 2023. In a report titled Nigeria...
The National Bureau of Statistics (NBS) revealed on Monday that average retail price of Automotive Gas Oil paid by consumers increased significantly in the last one...