HomeFinancialFacts & Figures

Facts & Figures

Capital Importation Into Nigeria Fall By 28% In Q1, 2023

Capital Importation Into Nigeria Fall By 28% In Q1, 2023   National Bureau of Statistics (NBS), yesterday, said total capital importation into Nigeria in Q1 2023 stood at $1,132.65 million, lower than $1,573.14 million recorded in Q1 2022, indicating a 28.00 per cent drop. When compared to...

Airfare Increases By 34.06% In One Year – NBS

Airfare Increases By 34.06% In One Year - NBS   From May, last year, airfare paid by air passengers for a single journey rose by 34.06 per cent from N55,906.86 to N74,948.78 in May 2023. The National Bureau of Statistics (NBS) made this known yesterday in its...

FACTS: Economic Confidential Names Best UTME-JAMB Candidates in 10 Years

Meanwhile, in its assessment of JAMB results between 2013 and 2022, the Economic Confidential Magazine has listed 56 Best Unified Tertiary Matriculation Examination (UTME) candidates in the last 10 years who scored an average of 290 and above.

Ondo, Kogi, Rivers lead as Inflation Rises to 22.41% – NBS

Ondo, Kogi, Rivers lead as Inflation Rises to 22.41% - NBS   The National Bureau of Statistics (NBS) says the average prices of goods rose the highest year-on-year in Ondo, Kogi, and Rivers states. This is as inflation in the country rose to 22.41 per cent in...

Nigeria Records N931.1bn Trade Surplus In Q1, 2023

Nigeria Records N931.1bn Trade Surplus In Q1, 2023   Nigeria recorded N931.1billion surplus trade in the First Quarter of the year, according to the National Bureau of Statistics (NBS). Its document entitled: “Foreign Trade in Goods Statistics (Q1 2023),” which The Nation obtained yesterday, stated in the...

Insurance Sector Shrinks By 7% Over Cash Crunch – NBS

Insurance Sector Shrinks By 7% Over Cash Crunch – NBS   The insurance sector’s growth fell by 7.25 per cent in the first quarter of 2023, the latest figures obtained from the National Bureau of Statistics (NBS) have revealed. The NBS disclosed in its ‘Nigeria Gross Domestic...