Household Food Imports Rise By 71% In Four Years
Food and beverage imports for households rose by 71.12 per cent between the third quarter of 2018 and the corresponding quarter of 2022 despite the foreign exchange crisis in the country.
This was based on data from...
Fitch Predicts Slow Economic Growth For Nigeria In 2023
The Nigerian economy will continue to slump in 2023 due to activities leading to the general elections next year, but would likely pick in 2024, with growth rising to 3.3 per cent, a Fitch Solutions Country...
Insurance Sector Records 28% Growth In Q3, 2022
Insurance sector recorded 28.26 per cent growth in the third quarter of 2022, according to figures obtained from the National Bureau of Statistics.
The NBS stated in its ‘Nigerian Gross Domestic Product report Q3, 2022’, that the finance...
NBS Report Says 133 million Nigerians are Poor
The National Bureau of Statistics latest data has indicated that 133 million Nigerians are multidimensionally poor.
In its latest National Multidimensional Poverty Index Report launched on Thursday, the NBS said that 63 per cent of Nigerians are poor...
State Govts Lose N116bn Tax Revenue In Two Years
Knocks have trailed the loss of N116bn tax revenue by the state governments in Nigeria within a space of two years.
According to the data from the Nigerian Bureau of Statistics, a total of 13 states had...
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...
