Nigeria’s inflation rate has dropped further to 16.63 percent in September from 17.01 percent reported in August 2021. The National Bureau of Statistics (NBS) disclosed this...
I was on a drive with a friend, we both share the same passion for Nigeria’s progress and development, when out of the quiet he asked...
The National Bureau of Statistics (NBS) said on Thursday a total of 5.3 million domestic passengers in Nigeria travelled by air between January and June this...
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...
The poor and vulnerable Nigerians have continued to pay the price for soaring food prices with the cost of preparing a pot of jollof rice, one...
The Governor of Akwa-Ibom State, Udom Emmanuel has spoken on a litany of issues concerning the state and the work being done by his administration to...
Nigeria’s All- products terms of trade (TOT) index decreased by 0.35 percent in the second quarter of the year (Q2’21) as the value of Nigeria products...
The cost of preparing food has risen significantly in the last year, with beans and garri rising by more than 60 percent. This is contained in...
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) says Premium Motor Spirit (PMS) popularly referred to as petrol, was more expensive in Abia in the month of August,...
The National Bureau of Statistics (NBS) has revealed that the Nigerian Nollywood industry released 1,051 films in the first six months of 2021. NBS stated this...
Weak demand for Nigerian products increased the trade balance deficit to N1.87 trillion in the second quarter of 2021. The National Bureau of Statistics (NBS) stated...
Claim: Nigeria’s unemployment rate in 2020 was 32.5% and poverty rate in 2021 is 40% Verdict: According to the Nigeria Bureau of Statistics, the fourth quarter...
The National Bureau of Statistics on Thursday surprisingly posted the biggest expansion in the economy in over six years. According to NBS report, Nigeria’s gross domestic...
President Muhammadu Buhari has approved the appointment of Simon B. Harry as the Federation’s new statistician-general to lead the National Bureau of Statistics on Thursday (NBS)....
Nigeria’s Gross Domestic Product (GDP) grew by 5.01 percent in the second quarter (April, May, June) of 2021, according to the Nigeria Bureau of Statistics (NBS)....
The Vice President, Yemi Osinbajo, last week, harped on the job creation efforts of the Muhammadu Buhari-led administration. Osinbajo’s claims to success have been severally interpreted...
In the first half of 2021, Nigeria generated over N1 trillion in Value Added Tax (VAT), the highest amount in nine years, delivering a significant boost...
National Bureau of Statistics (NBS) has revealed that the average price per litre of National Household Kerosene paid by customers climbed to N370.29 in June from...
The Nigerian Railway Corporation (NRC) registered 424,460 passengers in the first three months of 2021. This was 299,535 lower than the 723,995 passengers who booked train...
The Central Bank of Nigeria (CBN) on Tuesday officially increased the exchange rate for cargo clearance from N381 per dollar to N404. 97 per dollar. The...
The Lagos Chamber of Commerce and Industry has reacted to the latest Gross Domestic Product figures released by the National Bureau of Statistics on Sunday. According...
The Nigerian film industry produced about 4,730 movies between 2017 and 2021. The National Bureau of Statistics (NBS) disclosed this in its latest Nollywood Movies Production...
The National Bureau of Statistics (NBS) on Saturday revealed that the total sum of N496.39 billion was generated as Value Added Tax (VAT) in the first...
The Nigerian banking industry recorded a N166.29 billion or 15.69 percent increase in non-performing loans in 2020. The National Bureau of Statistics disclosed this in its...
The Youth Party has urged the federal government to step up efforts to tackle insecurity, review some of its monetary policies and take urgent measures towards...
The continuous face off between Nigeria National Petroleum Corporation (NNPC), oil companies and host communities came at a huge cost for Nigeria’s oil revenue in 2020....
The World Bank has stated that Nigeria made an early exit out of recession than projected in its October 2020 forecast for Sub-Saharan Africa (SSA). This...
The National Bureau of Statistics (NBS) said on Monday Nigeria’s total public debt portfolio stood at N32.92 trillion as of December 31, last year. NBS disclosed...
The National Bureau of Statistics (NBS) has revealed that 61 percent of Nigeria’s public debt portfolio of N32.92 trillon is domestic. This was revealed in its...
Dr Timothy Olawale, Director-General, Nigeria Employers Consultative Association (NECA) has expressed concern of the association, at the growing unemployment rate, as released by the National Bureau...
The total number of Nigerians unemployed in the country rose to 23,187,389 (23.1 million) as at the fourth a quarter of 2020 from the 21,764,614 (21.7...
Nigeria recorded a 10.3 percent decline in foreign trade last year, the National Bureau of Statistics (NBS) said on Tuesday. In the Foreign Trade in Goods...
Kidnapping has become somewhat an extraordinarily lucrative enterprise in Nigeria. Between January and February, kidnappers abducted over 897 persons across the country, demanding over N451 million....
As Nigerians await the decision of the Federal government on the new pump price for petrol, the National Bureau of Statistics (NBS) has revealed that in...
A member of President Muhammadu Buhari’s economic advisory team, Bismarck Rewane, has faulted the Nigerian Bureau of Statistics (NBS) report on the inflation released on Tuesday....
Out of 25 Nigerian banks that competed for capital importation, five banks recorded zero investment from foreign investors. Nigeria’s financial institutions recorded $9.68 billion in 2020....
The Federal Account Allocation Committee (FAAC) shared in November 2020, the sum of N604 billion to the Federal government, States and Local Government Areas, being the...
The National Bureau of Statistics (NBS) on Friday last week, revealed that Nigeria’s Foreign Direct Investment (FDI) recorded a drop by 59.65 percent in 2020 to...
Twenty six states in Nigeria including Bauchi, Bayelsa, Benue, Borno, Cross River, Delta, Ebonyi, Edo, Ekiti, Enugu, Gombe, Imo, Jigawa, Katsina, Kebbi, Kogi, and 10 other...
In order to improve investment decisions and identify sectors of Nigerian economy that require government intervention, the Federal Government has partnered with the World Bank to...
The National Bureau of Statistics (NBS) has revealed that Nigeria was only able to meet 75 percent of its target Value Added Tax (VAT) revenue in...
The Nigeria Bureau of Statistics (NBS) said on Tuesday Nigerians paid less for kerosene in December last year. The NBS, which disclosed this in a report,...
The Nigeria Bureau of Statistics (NBS) said on Tuesday the average bus fare paid by Nigerian commuters within the city increased by 79 percent in one...
The National Bureau of Statistics (NBS) said on Saturday residents of Abia, Kebbi and Kwara States paid the highest price for Premium Motor Spirit (PMS) also...
Latest data from the Nigerian Bureau of Statistics (NBS) has revealed that a total of N9.28tn was spent on the importation of manufactured goods into the...
These 10 top stories from Nigerian newspapers will interest you 1. 617 new COVID-19 cases take Nigeria’s total to 72,757. Deaths, recoveries updated Nigeria on Saturday...
Nigeria’s trade deficit, which gauges the value at which the country’s imports exceeds its exports, stood at N2.388 trillion at the end of the third quarter...
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...
