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Despite Local Refining Input, Nigeria’s Petrol Import Rises By 105. 3%

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Petrol imports surged by 105.3 per cent, reaching ₦15.42 trillion in 2024, from the ₦7.51 trillion recorded in 2023. This was contained in the...

Report Says Inflation May Drop To 34.5% In December

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Nigeria’s headline inflation rate may drop by 25 basis points to 34.5 per cent in December 2024. In a report by Afrinvest Research on Saturday,...

Nigeria, Where Only God Can Kill The Rich And Make The...

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Poverty in Nigeria has reached alarming proportions, impacting millions and manifesting itself in various forms throughout the nation. The National Bureau of Statistics (NBS)...

Kidnapping Incidents: NBS Reveals How Nigerians Paid N2.23tn As Ransom In...

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The National Bureau of Statistics has revealed that Nigerians paid a total of N2.23tn as ransom over the 12 months between May 2023 and...

Data Reveals How Discos Generated N3.95tn In Five Years

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Nigeria’s electricity distribution companies collectively raked in about N3.95tn revenue between 2019 and the first quarter of 2024, data from the National Bureau of...

How Nigeria’s GDP Rose To 2.51% In Q2 2023

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The National Bureau of Statistics (NBS) has revealed that Nigeria’s Gross Domestic Product (GDP) recorded a growth of 2.51 per cent in real terms...

IMF Report: Nigeria’s Inflation Index Outdated, Biased

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The International Monetary Fund has said the index weights and basket deployed by the National Bureau of Statistics for the monthly consumer price index...

How Approaching Christmas Season Pushed Up Inflation To 21.47%

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The nation’s inflation rate rose to 21.47 per cent in November, continuing its 2022 surge. According to the National Bureau of Statistics, this is because...

How Growth Of 17.28% Was Recorded In Nigeria’s Insurance Sector In...

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The insurance sector grew by 17.28 per cent in the second quarter of 2022, according to figures obtained from the National Bureau of Statistics’...

Telecoms: How Glo Led Others Last Year – NBS

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The National Bureau of Statistics (NBS) has said telecommunications service provider, Globacom, was the catalyst of the growth witnessed in Nigeria’s telecommunications industry in...
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