Nigeria’s Inflation Rate Surges to 29.90% in January 2024, NBS Report Shows
The latest inflation report released by the National Bureau of Statistics (NBS) reveals a concerning uptick ...
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Tag: National Bureau of Statistics
Foreign Loans Constitute 78% of Nigeria’s Capital Importation in Q3 2023; FDI Falls Below 1%
Data from the Capital Importation Report for the third quarter of 2023 reveals that foreign loans ...
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Foreign Investment in Nigeria Plummets by 34%, 27 States Neglected
In a concerning trend, foreign investors have snubbed 27 states in Nigeria, leading to a 34% ...
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Nigeria’s Railway Debt Servicing Costs Exceed Revenue by 1,208.5% in H1 2023
In the first half of 2023, Nigeria's expenditure on servicing debt for loans obtained for the ...
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National Bureau of Statistics Reveals Kogi, Lagos, and Rivers as Most Expensive States with Inflation of 28.20%
In a recent disclosure by the National Bureau of Statistics (NBS), Kogi, Lagos, and Rivers have ...
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Nigeria’s Trade Surplus Skyrockets to N1.89 Trillion in Q3 2023, Bolstered by Robust Export Performance
Nigeria has experienced a significant surge in its trade surplus during the third quarter of 2023, ...
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Average Petrol Price Soars to N630.63 per Litre, Reflecting 222.92% Increase – National Bureau of Statistics
The National Bureau of Statistics (NBS) has revealed that the average retail price of a litre ...
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FG Removes VAT on Diesel for Six Months, Announces Measures to Mitigate Fuel Subsidy Removal Impact
In response to the recent removal of the fuel subsidy, the Federal Government of Nigeria has ...
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Oil Producing States Share N544.9 Billion via 13 Percent Derivation, Grapple with Debt and Infrastructure Challenges
In the first half of 2023, the nine oil-producing states in Nigeria shared a total of ...
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Rising Inflation Sparks Concerns of Hunger and Poverty in Nigeria
*Nigeria* - The latest inflation data released by the National Bureau of Statistics (NBS) has raised ...
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