The National Bureau of Statistics (NBS) has announced a decline in Nigeria’s unemployment rate to 4.3% for the second quarter (Q2) of 2024. According to the...
Data have shown that no fewer than 17 people were killed daily in road traffic accidents that occurred in 2022 within Nigeria. RippleMetrics analysed data from...
Nigeria recorded N7.01 trillion in foreign exports in the second quarter of 2023, with the Netherlands and the United States of America (USA) making the top...
The National Bureau of Statistics (NBS) disclosed the Value Added Tax (VAT) for the second quarter (Q2) 2023 was N781.35 billion, rising by 10.11 per cent...
Nigeria’s Company Income Tax (CIT) recorded 226.4 per cent quarter-on-quarter growth in the second quarter (Q2) of 2023, the National Bureau of Statistics (NBS) has revealed....
The average fare for intercity bus transport in Nigeria increased by 9.09 per cent on a year-on-year basis to N4,002.16 in May, transportation data obtained from...
The National Bureau of Statistics (NBS) has revealed in its ‘Tax-to-GDP Ratio Revised Computation (2010-2021)’ report that Nigeria’s tax revenue to gross domestic product (GDP) is...
The National Bureau of Statistics (NBS) disclosed on Wednesday that Nigeria’s Gross Domestic Product (GDP) growth declined to 2.31 per cent in the first quarter (Q1)...
Importation of motorcycles in Nigeria dropped by 42.1 per cent year-on-year, according to the 2022 importation bill obtained from the National Bureau of Statistics (NBS). The...
The International Monetary Fund (IMF) has queried the procedure used by the National Bureau of Statistics (NBS) to collate the monthly consumer price index (CPI). IMF...
China has topped the list of top exporting nations to Nigeria but does not appear on the list of top importing countries, widening both countries’ trade...
Christians around the world are today in a celebratory mood on the death, resurrection and ascension of Jesus Christ. The celebration, which is marked with feast...
Hello, and welcome to Business Roundup this week. Here, we bring you highlights of events that happened during the week -from the capital market to the...
The National Bureau of Statistics (NBS) said on Monday at least 31.7 percent of youths in Nigeria lack access to bank loans to finance their businesses....
The Nigerian government has disclosed plans to change the way the National Bureau of Statistics (NBS) calculates unemployment figures in the country. President Muhammudu Buhari, Senior...
Nigerians paid 50 percent more for bus and motorcycle trips in August than they did in the same period last year, the National Bureau of Statistics...
The National Bureau of Statistics (NBS) revealed on Thursday that Nigerians spent more on kerosene and cooking gas last month. The agency disclosed this in Price...
Nigeria’s inflation rate dropped for the first time in two years to stand at 18.12 percent in April, beating analysts’ expectations. The National Bureau of Statistics...
The National Bureau of Statistics (NBS) said the value of Nigeria’s total trade for the twelve months period of last year was N32.42 trillion. This is...
Pressure on the income of Nigerian households could hinder their investments in basic services such as education and health, the National Bureau of Statistics (NBS) said...
The indebtedness of oil & gas and electricity companies in the country to banks as of third quarter end climbed by N200 billion to N5.85 trillion,...
It is not yet shopping season but, ahead of Christmas, preparing Nigerians favorite delicacy during festive periods- Jellof rice- will cost families 54.9% more than it...
The National Bureau of Statistics (NBS) said on Tuesday the prices of some major selected food items increased last month. In its report on Food Price...
The National Bureau of Statistics (NBS) said on Monday Nigeria generated a total sum of N424.71billion as Value Added Tax (VAT) in the third quarter of...
The Akwa Ibom State government on Saturday described as unacceptable the National Bureau of Statistics (NBS) report on unemployment rate in the state. The bureau had...
The National Bureau of Statistics (NBS) said on Wednesday the country imported 20.89 billion litres of Premium Motor Spirit (PMS), also known as petrol, in 2019....
Forty per cent of the Nigerian population lives in poverty, the latest figures released by the National Bureau of Statistics (NBS) Monday revealed. The report titled,...
The National Bureau of Statistics (NBS) said on Monday the Nigerian economy recorded a 2.27 percent growth last year compared to 2018 when it posted 1.91...
Nigeria’s headline inflation reached its peak in a 21-month period to January 2020 and is now 12.13%, figures released by the National Bureau of Statistics (NBS)...
The National Bureau of Statistics (NBS), in its latest report, has revealed that the volume of electronic transactions recorded by banks between July and September this...
Investment inflow into the Nigerian economy declined by $460 million in the third quarter of 2019, the National Bureau of Statistics (NBS) said on Monday. According...
Nigeria’s Gross Domestic Product (GDP) grew by 2.28 percent in the third quarter of 2019, the National Bureau of Statistics (NBS) has said. The NBS, in...
The National Bureau of Statistics (NBS) has put the inflation rate for September 2019 at 11.24%. This is higher than the previous month’s 11.02%. The National...
Nigeria’s Gross Domestic Product (GDP) declined by 0.16 per cent in the second quarter of 2019, the National Bureau of Statistics (NBS) said on Tuesday. The...
The Consumer Price Index (CPI) which measures inflation, increased to 11.08 percent (year-on-year) in July 2019, according to data released by the National Bureau of Statistics...
A report by the National Bureau of Statistics (NBS) has shown that the volume of Premium Motor Spirit (PMS) also known as petrol imported into the...
The Federal Government spent the sum of N610.2bn paying interest on its domestic debts put at N13.11 trillion in the first three months of 2019, data...
THE National Bureau of Statistics (NBS) on Tuesday said Nigeria’s Terms of Trade (ToT) rose by 2.3 percent in the first quarter of 2019 (Q1’19). ToT...
A report released by the National Bureau of Statistics (NBS) has revealed that prices of goods and services increased from 11.37 percent in April to 11.40...
Average price for the refilling of a 5kg cylinder for Liquefied Petroleum Gas (Cooking Gas) decreased by -0.90% month-on-month and -2.13% year-on-year to N2,028.04 in May...
A release by the National Bureau of Statistics (NBS) has revealed that non-performing loans in the banking sector for March, 2019 stands at N1.676tn. A further...
A report released by the National Bureau of Statistics (NBS) has revealed that a total sum of N289.04 billion was generated as VAT in first quarter...
Nigeria’s Gross Domestic Product (GDP) grew by 2.01%(year-on-year), in real terms, in the first quarter of 2019, according to a report released on Monday by the...
The annual inflation rate in Nigeria increased to 11.37 percent in April 2019 from 11.25 percent in the prior month, the National Bureau of Statistics (NBS)...
The National Bureau of Statistics, NBS, has said that the Nigerian economy recorded a total of N32.26 trillion trade in 2018. This is contained in the...
Transactions worth N39.15 trillion were carried out in the fourth quarter of 2018 in Nigeria, the National Bureau of Statistics (NBS) has said. This was disclosed...
The banking sector report from the National Bureau of Statistics (NBS), released on Tuesday, has shown that banks lending to the economy declined by N455 billion...
The record of foreign inflow into the country in 2018 at $16.81 billion has shown that investors targeted portfolio investments also known as “hot money” rather...
New statistical figures have shown that Consumer Price Index which measures inflation dropped to 11.37 per cent in January 2019 as opposed to 11.44 per cent...
Capital importation to Nigeria declined by 25.05 percent in the fourth quarter of 2018 in comparison to the third quarter of the year. According to the...