NBS: All-Commodity Group Import Index Falls By 0.07%
The National Bureau of Statistics says the All-Commodity Group Index on average has reduced by 0.07% despite the increase recorded in vehicles, aircraft and parts.
Nigeria’s Crude Oil Export Hits Record-High Of N11.5trn In H1’22
Nigeria's crude oil export surged to N11.5 trillion in the first six months of 2022, the highest ever recorded in such a period.
Nigeria’s Inflation Spikes To 20.52% In August
Nigeria's recent economic woes continue to bite harder as the country's inflation rate increased further to 20.52% in August.
Nigeria’s Company Income Tax Hits N704.40bn In 2Q22
Nigeria's company income tax increased by 29.53% to N704.40 billion in the second quarter of 2022 from N551.53 billion it recorded in the corresponding period in 2021.
Nigeria’s Foreign Trade Hits N12.8trn In 2Q2022
Nigeria's foreign trade in the second quarter of 2022 increased by 32.2% to N12.8 trillion from N9.71 trillion recorded in the same period in 2021.
Nigeria’s VAT Increases To N600bn In Q2 2022 – NBS
The Value Added Tax (VAT) collected by the federal government in the second quarter of 2022 increased to N600.2bn from N512.33 billion it received in the preceding quarter.
Nigeria Records $1.5bn Foreign Capital Inflow In Q2’22
The National Bureau of Statistics says foreign capital inflow to Nigeria has increased to $1.5 billion in the second quarter of 2022.
Nigeria’s GDP Grows By 3.54% In Q2 2022
The National Bureau of Statistics (NBS) says Nigeria's Gross Domestic Product grew by 3.54% Year-on-Year in the second quarter of 2022.
High Inflation Rate Pushes Local Market Down By 0.07%
The Nigeria Exchange (NGX) Limited depreciated by 0.07% on Monday following the announcement that the country's inflation surged to 19.64% - the highest in 17 years.
Nigeria’s Inflation Rate Jumps To 19.64% In July
Nigeria's inflation rate rose to its highest in 17 years rising from 18.06% recorded in June to 19.64% in July.
Lagos Records 24.2M As Active Internet Subscribers Hit 145.8M In Q1’22
The Nigerian Bureau of Statistics says active internet subscriptions in Nigeria rose quarter-on-quarter (QoQ) by 2.7 per cent to 145.8...
Kerosene, Cooking Gas Prices Increase By 88% In One Year – NBS
The Nigerian Bureau of Statistics says the prices of kerosene and liquefied petroleum gas have increased by 88% within a year.
Railway Corporation Generates N5.07bn In 2021
The Nigerian Railway Corporation recorded a 226.44% Revenue Increase In 2021
Nigeria’s Inflation Rate Hits 11-Months High At 17.71% In May
Nigeria’s inflation rate surged to 17.71% in May 2022, recording an increase from 16.82% recorded in the previous month. The...
Road Accidents In Nigeria Killed 1,834 People In 3 Months – NBS
The National Bureau of Statistics says 1,834 people were killed in 3,345 road accidents recorded between January and March of...
SEC Announces Unique Identifier For Capital Market; NBS Says Subsidy Hits 45% Of Fuel Import Bill In Q1, 2022; Nigeria’s Foreign Reserves Fall By 5% As South Africa Records Huge Increase
The Securities and Exchange Commission has announced that capital market operators will get unique identifiers to curb fraud in the...
Active Internet Subscribers Rise To 148m In April
The Nigerian Communication Commission (NCC) says the number of internet subscribers has increased to 148.10 million in April. The figure...
Airfare Records 52% Increase In 12 Months
Data by the National Bureau of Statistics have shown that the cost of air travel has increased by 52% within...
Nigeria’s Broadband Penetration Rises To 42.27% In March; Agricultural Sector GDP Grows By 3.16% In Q1 2022
Nigeria’s broadband penetration rose to 42.27% in March this year from 40.8% it recorded in February, odunews.com reports. This was...
Nigeria Records 3.11% GDP Rise In Q1 2022 – NBS
The National Bureau of Statistics says Nigeria recorded a 3.11% increase in its Gross Domestic Product for the first quarter...