Nigeria’s inflation rate has shown a second consecutive month of decline in February, raising hopes for a continued moderation of price pressures. According to a report...
Nigeria is undergoing a crucial economic data transformation, and at the forefront is Prince Semiu Adeyemi, the Statistician-General of the Federation. Speaking passionately at a sensitisation...
The National Bureau of Statistics (NBS) on Monday announced the upcoming release of a rebased Consumer Price Index (CPI), a crucial move to capture the reality...
Hackers have taken over the website of the National Bureau of Statistics (NBS), Ripples Nigeria has gathered. The NBS is the main National Agency responsible for...
The National Bureau of Statistics (NBS) has disclosed that Nigerians paid N2.23 trillion as ransom in one year between May 2023 and April 2024. This is...
The National Bureau of Statistics (NBS) said on Friday revenue from railway passengers and cargo rose to N1.70 billion in the third quarter of this year....
Amid the ongoing tax reform uproar in Nigeria, the Nigerian government has raked in the sum of N1.78 trillion from Value Added Tax (VAT) in the...
The National Bureau of Statistics (NBS) has disclosed that Nigeria recorded N5.81 trillion trade surplus in the third quarter (Q4) of 2024. A trade surplus occurs...
The Nigeria Labour Congress (NLC) has condemned the Labour Force Report released by the National Bureau of Statistics (NBS) on Monday. It described the unemployment figure...
President Bola Tinubu has expressed satisfaction with Nigeria’s third-quarter GDP growth rate of 3.46%, which indicates the country is on track to becoming a $1tn economy...
Nigeria’s Gross Domestic Product (GDP), the tool used in measuring the economy of a country, has grown by 3.46 per cent in real terms in the...
A recent report by the National Bureau of Statistics (NBS) has revealed that Nigerian households experience electricity blackouts an average of 6.4 times weekly. The report,...
Domestic airfare for a single journey on specified routes in Nigeria increased to N124,693.40 in September 2024 up from the N79,013.48 recorded in the corresponding period...
The National Bureau of Statistics (NBS) said on Wednesday that 67.8 percent of households in Nigeria use fuelwood as a source of energy for domestic and...
After two consecutive declines, the consumer price index (CPI), which measures the rate of change in prices of goods and services, rose to 32.7 percent in...
Nigeria’s capital importation dropped to $2.6 billion in the second quarter of this year. The National Bureau of Statistics (NBS) disclosed this in its capital Importation...
The National Bureau of Statistics (NBS) has revealed in a new report that residents of Ogun, Lagos, and Rivers States paid more for a balanced diet...
The National Bureau of Statistics (NBS) said on Thursday the cost of healthy food per adult a day stood at N1,255 in August. The NBS disclosed...
The National Bureau of Statistics (NBS) said on Tuesday Nigeria imported 20.3 billion litres of Premium Motor Spirit (PMS) also known as petrol in 2023. The...
The National Bureau of Statistics (NBS) said on Wednesday that prices of beans, eggs, yam, and other food items rose significantly in August. The NBS stated...
The average domestic air fare surged by 25.5 percent month-on-month (MoM) to N123,700 in August 2024. This is up from the N98,561 recorded in July 2024....
The average price of 5kg of cooking gas increased from N5,974.55 recorded in July to N6,430.02 last month. The National Bureau of Statistics (NBS) disclosed this...
Residents of Delta, Cross River, and Edo States paid the least price for Premium Motor Spirit (PMS), popularly known as petrol in August. The National Bureau...
Revenue from rail transportation system surged to ₦1.69bn in the second quarter of 2024, fresh data on Rail Transportation Data (Q2 2024) released by the National...
Spain, the United States of America, France, India and The Netherlands have emerged as Nigeria’s five top export destinations in the second quarter of 2024. This...
The National Bureau of Statistics (NBS) said on Monday revenue generated from Value Added Tax (VAT) rose to N1.56 trillion in the second quarter of this...
Despite the several measures put in place by the federal government of Nigeria to cushion the rising cost of food items, a fresh report on Selected...
Nigeria’s Gross Domestic Product (GDP) rose by 3.19% year-on-year in the second quarter of this year. The growth in the GDP, the parameter used to measure...
In a development that has further worsened the economic conditions of Nigerians, the prices of staple food items like beans, yam, tomatoes, potatoes and others have...
Nigeria’s fight against electoral corruption faces a worrying trend, according to the National Bureau of Statistics (NBS). Their latest report, “Corruption in Nigeria: Patterns and trends...
A survey by the National Bureau of Statistics (NBS) has revealed that Nigerians paid a staggering N721 billion in cash bribes to public officials in 2023....
The National Bureau of Statistics (NBS) said on Friday the average cost of a healthy diet per day in the country stood at N1,041 in May....
Lagos, Niger and Kwara states have topped the lists of states with the cheapest average retail prices for Premium Motor Spirit (PMS) popularly called petrol as...
Residents of Zamfara, Bayelsa and Abia States topped the list of states that paid more as the price of 12.5 kilograms (kg) of liquefied petroleum gas...
The income generated by the Federal Government through the Company Income Tax (CIT) fell to N984 billion in the first quarter of 2024. The National Bureau...
By: Babajide Okeowo Nigeria’s expenses on motor spirits (also known as fuel) and lubricants (processed) soared to N4.39 trillion in the first quarter of 2024. According...
France, Spain, The Netherlands, India, and the United States have emerged as the top five export destinations for Nigeria in the first quarter of 2024,...
The National Bureau of Statistics (NBS) has disclosed that Nigeria’s gross domestic product (GDP) the tool used to measure economic growth dropped to 2.98 percent in...
The National Bureau of Statistics (NBS) revealed on Tuesday that Nigeria’s public debt stock rose to N97.3 trillion in the fourth quarter of 2023. The agency...
Major staple food prices across Nigeria increased by double figures month-on-month, the latest food price watch by the National Bureau of Statistics (NBS) has shown. This...
The National Bureau of Statistics (NBS) says Nigerians paid 19.75 per cent more for cooking gas in February 2024 than what they paid for the product...
Again, two critical government components, the National Bureau of Statistics (NBS) and the Federation Account Allocation Committee (FAAC) have released conflicting reports on the actual amount...
The nine oil-producing states 13 per cent derivative from oil and gas revenue, rose to about N85bn in February 2024 up from the N58bn in January...
The combination of Value Added Tax (VAT) and Company Income Tax (CIT) fetched Nigeria N2.33tr in revenue in the fourth quarter of 2024, fresh data from...
Netherland, India, Spain, Canada and France have emerged as the top five export destinations for Nigerian products in the fourth quarter of 2024, recently released data...
The National Bureau of Statistics (NBS) said on Saturday the average cost of a healthy diet per day in the country was N858 in January. The...
Nigeria’s Gross Domestic Product (GDP) fell to 2.74% in 2023, a slight deceleration from the 3.10% growth rate experienced in 2022, fresh data by the National...
Nigeria imported 11.94 billion litres of Premium Motor Spirit (PMS), commonly known as petrol, during the first half of 2023, fresh data from the National Bureau...
The National Bureau of Statistics (NBS) said on Monday that Nigeria’s unemployment rate surged to 5.0 percent in the third quarter of last year. The NBS...
Two agencies of the Federal Government, the National Bureau of Statistics (NBS) and the Federation Account Allocation Committee (FAAC) have issued conflicting figures on the revenue...
