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
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...
Bauchi, Ondo, Anambra Top States With Highest Inflation Rates
The National Bureau of Statistics (NBS) has said inflation rate was highest in Bauchi State with 24.79 per cent.
According to a document obtained at the weekend, the review of inflation rate between January, last year and...
We Now Spend Above N400bn Monthly on Subsidy - NNPCL
The Nigerian National Petroleum Company Limited, on Friday, revealed that the amount spent as subsidy on Premium Motor Spirit, popularly called petrol, had crossed N400bn monthly.
NNPCL’s Group Chief Executive Officer, Mele Kyari, disclosed this at...
Inflation Soars To 21.82% Amid Naira Redesign
Nigeria’s inflation soared to 21.82 per cent in January 2023, according to the National Bureau of Statistics.
This is amid a redesign of the naira by the Central Bank of Nigeria. January’s inflation rate is a 0.48 per cent...
ILO Says Global Unemployment To Hit 208 Million
The International Labour Organisation (ILO) has projected that global unemployment would rise slightly by around 3 million to 208 million in 2023.
The United Nations agency also said this would mark a reversal of the decline in global...