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Facts & Figures

FG Raked In N697.38bn Through VAT In Q4, 2022 — NBS

FG Raked In N697.38bn Through VAT In Q4, 2022 — NBS   The National Bureau of Statistics, NBS, said the aggregate Value Added Tax, VAT, stood at N697.38 billion in Q4 2022. This is according to the VAT Q4 2022 Report released in Abuja on Wednesday. The report...

Domestic Gas Prices Increase By 56% In Four Years

Domestic Gas Prices Increase By 56% In Four Years   While a recent hike of Rs 50 in the price of the 14.2 kg domestic liquefied petroleum gas (LPG) cylinder led to the cost of the cylinder touching Rs 1,103, data has disclosed that the price...

‘Real Estate, Construction Sectors Contribute N8.9trn To GDP’

'Real Estate, Construction Sectors Contribute N8.9trn To GDP'   The contributions of the real estate and construction sector to Nigeria’s real Gross Domestic Product increased by N8.9trn in the fourth quarter of 2022, according to the latest GDP report released by the National Bureau of Statistics. The...

Insurance Sector Records 12% Growth In Q4, 2022

Insurance Sector Records 12% Growth In Q4, 2022   Nigeria’s insurance industry grew by 12.25 per cent in the fourth quarter of 2022, figures obtained from the National Bureau of Statistics have revealed. According to the NBS report on Nigeria’s Gross Domestic Product for Q4 2022, the...

Nigeria’s GDP Rose by 3.52% In 4th Quarter – NBS

Nigeria’s GDP Rose by 3.52% In 4th Quarter - NBS According to the National Bureau of Statistics (NBS), Nigeria’s Gross Domestic Product (GDP) grew by 3.52 percent in the fourth quarter of 2022. The NBS made this claim in the Nigerian GDP Report for Q4...

Report Reveals Kerosene Soared By 136% To N1,105 In December, 2022

Report Reveals Kerosene Soared By 136% To N1,105 In December, 2022   The average retail price per litre of household kerosene rose by 136 per cent to N1,105 in December 2022 from N468 in the same period of the previous year, the latest data released by...