HomeFinancialFacts & Figures

Facts & Figures

In One Year , Airfares Rose By 96.87%

In One Year , Airfares Rose By 96.87%   The National Bureau of Statistics has stated that air transportation rose by 96.87 per cent in one year. In its report titled ‘transport fare watch’ (September 2022), the Bureau noted that the average fare paid by air passengers...

Insurance Sector Records 17.28% Growth In Q2, 2022

Insurance Sector Records 17.28% Growth In Q2, 2022   The insurance sector grew by 17.28 per cent in the second quarter of 2022, according to figures obtained from the National Bureau of Statics’ Gross Domestic Product report for the period. The NBS stated in the report that,...

SB4kids : NITDA Trains 859 Kids on Emerging Technologies By Abbas Badmus

SB4kids : NITDA Trains 859 Kids on Emerging Technologies By Abbas Badmus The National Information Technology Development Agency (NITDA) has trained 859 kids on Coding in Abuja, Lagos and Kano States. NITDA at the end of the training urged the kids to develop indigenous Coding languages, and...

Oil Firms Degrade Environment, Spill N711bn Worth Of Crude Oil

Oil Firms Degrade Environment, Spill N711bn Worth Of Crude Oil   Environmental right activists have raised the alarm over the continuous environment degradation as estimation puts total value of oil spilled by operators in the Niger Delta at N711bn. Data obtained from the Nigerian Oil Spill Monitor,...

Despite Economic Challenges, Insurance Sector Recorded 6.2% Growth In Q1, 2022

Despite Economic Challenges, Insurance Sector Recorded 6.2% Growth In Q1, 2022   The National Insurance Commission (NAICOM), has said that in spite of macro economic challenges which has bedeviled businesses in Nigeria, insurance sector recorded a year-on-year growth rate of 6.2 per cent at the end...

Agric Imports Exceed Exports By N443.35bn In Q1, 2022

Agric Imports Exceed Exports By N443.35bn In Q1, 2022   The value of agricultural goods imported into the country exceeded exports by N443.35bn in the first quarter of 2022 amid rising security challenges that have continued to affect the fortunes of the sector. Data obtained from the...