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...
Nigeria exits recession amidst weak economic recovery As real GDP Grew by 0.11% in Q4 Slid -1.92% in Full Year 2020 Trudging along a...
Nigeria to rebase GDP in 2021, says NBS boss The Statistician-General of the Federation and Chief Executive Officer of the Nigerian National Bureau of...
Nigerians pay N427.71bn VAT to govt in Q4 2020 The Aggregate Value Added Tax (VAT) paid by Nigerians to the government in the fourth quarter...
NBS: Nigeria rakes in N295.72bn company income tax in Q4 2020 Nigeria recorded a total sum of N295.72 billion as Company Income Tax (CIT) in...
Food prices rising, household incomes precarious – NBS The prices of most food items increased in November this year, while the incomes for many households...
Evidently, the trend of spending more to get less by Nigerians has reached a new height following o.66 per cent spike in inflation rate in November...
Inflation will maintain its upward trajectory and increase to 14 per cent for the month of September, from the 13.22 per cent recorded in August, Financial...
As a geographical entity, Lagos State has again proven correct it given appellation as the economic hub of the country even when it comes to access...
Sixty-eight per cent of households experienced food insecurity in August as COVID-19 continued to have its impact on different sectors, the National Bureau of Statistics stated...
The power generation statistics for 2019 reflected that a total of 33,448,633 MWh of energy was generated by power stations, the National Bureau of Statistics (NBS)...
The consumer price index, (CPI) which measures inflation increased by 13.22 per cent Year-on-year (YoY) in August 2020 according to the latest report by the National...
The NBS stated in it's latest report on the impact of COVID-19 that the pandemic has increased food insecurity in the three states of Lagos, Kano...
As the global economy continues to count losses to the impacts of coronavirus pandemic, the Nigerian economy has recorded significant fall in its foreign trade portfolio...
Employment as well as economic activities in Nigeria remains precarious despite eased lockdown, interstate movement allowance and gradual reactivation of the economy from the impacts of...