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...
Amidst dwindling purchasing power and disposable income, Nigerians have had to contend with rising costs of food items in the last 12 months. Empirical-based report by...
Nigeria’s economy grew by 3.4% year-to-year in 2021 with an estimated value of N72.39 trillion in real terms, representing an uptick from the 1.92% contraction recorded...
Nigeria’s consumer price inflation rate fell in January to 15.60 per cent from 15.63 per cent recorded in December 2021, even as food prices continued to...
The Central Bank of Nigeria (CBN) has stated that the attractiveness of securities in the international financial market, particularly in the United States, has swayed foreign...
Nigeria’s total merchandise trade rose to N13.3 trillion in Quarter Three of 2021, representing 10.43 per cent increase over N12.02 trillion recorded in Quarter Two, Mr...
The National Bureau of Statistics (NBS) says the 36 states and the federal capital territory (FCT) recorded N849.12 billion in internally generated revenue (IGR) in the...
Nigeria’s inflation rate fell for the sixth consecutive month in September amid decelerating food prices, the National Bureau of Statistics (NBS) has revealed in its latest...
Nigeria’s inflation rate has sustained its steady decline in the month of August 2021 as it moderated to 17.01% from 17.38% recorded in July 2021. This...
The National Bureau of Statistics (NBS), said the nation recorded a trade deficit of N1.8 trillion in the second quarter of the year (Q2’21) even as...
Nigeria’s Gross Domestic Product (GDP) grew by 5.01 per cent year-on-year in real terms in the second quarter of 2021, latest report released Thursday by the...
Q1 2021: Nigeria’s GDP grows 0.51% on N4.36trn nominal expansion Nigeria’s Gross Domestic Product grew by 0.51% (year-on-year) in real terms in the first quarter of...
Nigerians pay N496.39bn in VAT in Q1 2021 Nigerians consuming various goods and services in the country paid Value Added Tax (VAT) estimated at N496.39...