NBS Reveals Nigerians Paid 64.58% More For Diesel in August   The average retail price of Automotive Gas Oil, popularly called diesel, in Nigeria surged by 64.58 per cent year-on-year, reaching N1,406.05/litre in August 2024 compared to the N854.32/litre recorded in...

Equity Market Begins Week With N79bn Gain   The Nigerian equity market opened the new week with a N79bn gain, driven by appreciation recorded by 32 stocks. At the close of trading on Monday, the market capitalisation was up by 0.14 per...

FIRS Partners ACCI to Boost Tax Compliance   The Federal Inland Revenue Service (FIRS) has strengthened its commitment to enhancing tax compliance among Nigerian businesses through a strategic partnership with the Abuja Chamber of Commerce and Industry (ACCI). This collaboration was highlighted...

'Why FG Must End Petrol Subsidy Now'   The President and Chief Executive of Dangote Group, Alhaji Aliko Dangote, has called on the Federal Government to end fuel subsidies completely. He said the removal would help determine the actual petrol consumption in...

NASS Resumes Today, Asks Tinubu to Submit 2025 Budget   As the National Assembly resumes today (Tuesday) from its annual recess, the Senate Leader, Opeyemi Bamidele, said on Monday that both chambers of the National Assembly are expecting President Bola Tinubu...

The Statistician-General and Chief Executive of the National Bureau of Statistics (NBS), Mr. Semiu Adeniran, announced that the bureau has completed plans to rebase the country's Gross Domestic Product (GDP) and Consumer Price Index (CPI) in November this year.