The consumer price index (CPI), which measures the rate of change in prices of goods and services in the country, rose to 21.91% in February 2023,...
The Centre for Promotion of Private Enterprises (CPPE) has hinted the government on some 11 ways to boost the economy as a response to dwindling gross...
The National Bureau of Statistics (NBS) has said Nigeria’s Gross Domestic Product (GDP) grew by 2.25 per cent on a year-on-year basis in Q3 2022. The...
Nigeria’s headline inflation accelerated for the ninth consecutive months to 21.09 percent year-on-year in October from 20.77 per cent in September. The latest Consumer price Index...
By Dele Castro Nigeria’s public debt stock increased from N35.46 trillion (86.57 billion dollars) in the second quarter of 2021 to N42.84 trillion (103.31 billion dollars)...
By United Capital Research Team Data from the Q1/Q2-2022 Electricity report released by the National Bureau of Statistics (NBS) revealed that the total electricity supplied by...
The National Bureau of Statistics (NBS) has said the aggregate Value Added Tax (VAT) was reported at N600.15 billion for Q2 2022. This is according to...
Lagos state remains most preferred destination of foreign investors as Nigeria attracted a sum of $1.54 billion as capital inflows in the second quarter of 2022,...
The Centre for the Promotion of Private Enterprises (CPPE) has argued that the Nigerian Bureau of Statistics (NBS) under-reported the contribution of Nigeria’s Maritime sector to...
The contribution of Information and Communication Technology to Gross Domestic Product (GDP) rose to 18.44% in the second quarter of 2022. The National Bureau of Statistics...
The incessant rise in the prices of goods and services in Nigeria has worsened to indicate a higher cost of living amidst deteriorating consumer purchasing power....
Ahmed Ayanfe The cost of importing raw sugar into Nigeria in a 12-month period spanning the second quarter of 2021 to the first quarter of 2022...
By Ahmed Ayanfe Nigeria’s custodian of data, the National Bureau of Statistics (NBS) has said the average retail price paid by consumers for petrol increased to...
Headline inflation in Nigeria has recorded significant rise within the last 11 months. Latest figure by the National Bureau of Statistics (NBS) has shown that in...
By Ahmed Ayanfe Only Lagos, Oyo and three other states attracted foreign investment (FDI) in the first quarter of 2022, a report by the National Bureau...
The burden of subsidy payment on fuel consumed in Nigeria is about to further weigh heavier on the pocket of the federal government, thus exerting pressure...
The National Bureau of Statistics (NBS) said Nigeria’s trade surplus in the first three months of 2022 recorded N1.2 trillion due to increases in crude oil export....
Foreign Direct Investment (FDI) into Nigeria has crashed by 78% in three months amid a worsening foreign exchange crisis in the country that continues to send...
The National Bureau of Statistics (NBS) has disclosed that Nigeria spent N1.51 trillion on the imports of premium motor spirit, also known as petrol, in the...
Within a period of 12 months, average cost of moving from one location to another in the country has increased by 52.44%, latest data by the...
