NBS
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Economy
Nigeria’s foreign investment rises by 152% to $2.6m – NBS
This comes after President Bola Ahmed Tinubu, during Nigeria’s 64th Independence Day speech, said that the country attracted $30 billion…
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Economy
Food price: Cost of healthy diet drops – NBS
The data comes as Nigeria’s headline and food inflation stood at 32.15 percent and 37.52 percent in August. NBS is…
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Economy
Nigeria’s trade surplus rises by 34% to N67.95trn – NBS
The National Bureau of Statistics, NBS, disclosed this yesterday in its Foreign Trade in Goods Statistics Report for Q2’24.
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Economy
Nigerian govt revenue from CIT rises by 150% to 2.47tn – NBS
The Nigerian federal government’s Company Income Tax (CIT) revenue collection in the second quarter of 2024 rose by 150.83 percent…
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Economy
Nigeria’s GDP growth not reflection of economic reality – Experts
Financial experts and economists have told President Bola Ahmed Tinubu-led FG that Nigeria’s 3.19 percent Gross Domestic Product growth rise…
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Economy
Nigeria’s GDP grows by 3.19% in Q2 – NBS
The Gross Domestic Product of Nigeria grew by 3.19 per cent in the second quarter of 2024 driven by growth…
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Business
Electricity: Nigeria’s Discos generate N3.95tn as revenue in five years
Nigeria’s electricity distribution companies collectively generated about N3.95 trillion in revenue between 2019 and the first quarter of 2024. This…
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Economy
774 councils got N1.41tr from federation account in six months – Report
Local Government Councils got N1.699 trillion form the federation account in the first half of this year. Monthly releases by…
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Economy
Prices of Garri, Fufu, and others drop as Nigeria’s food inflation falls – NBS
The reduction in the prices of Garri, Akpu(fufu), milk, and other items pushed Nigeria’s food inflation to fall by 39.53…
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Economy
Nigeria: Inflation rate declines to 33.4% in July – NBS
The inflation rate decreased by 0.79 percentage points to 33.4% in July, down from a 28-year high of 34.19% in…
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