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...
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...