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...

FG Rakes In N3.63bn From Postal Services   The National Bureau of Statistics (NBS) said the Nigerian Postal Service raked in N3.63 billion in 2021. The collection, however, dipped by 22.79 per cent compared to the revenue that it earned the previous year, according to the document...

Nigeria’s Public Debt Rises By 2.9% To N44.06trn In Q3, 2022   Nigeria’s public debt stock stood at N44.06 trillion ($101.91 billion) in the third quarter of 2022 (Q3’22), which is 2.85 percent higher than the N42.84 trillion recorded in Q2’22. The National Bureau of Statistics (NBS)...

FG Rakes In N1.4trn From VAT, CIT In 3 Months – NBS   The National Bureau of Statistics (NBS) has disclosed that the federal government generated N1.435trn from Value Added Tax (VAT) and Company Income Tax (CIT) in the third quarter of 2023. NBS, in reports it...

LCCI Warns of Imminent Stagflation in Nigeria Economy The Lagos Chamber of Commerce and Industry (LCCI) has warned that Nigeria is at risk of economic stagflation if urgent steps aren't taken to address the factors presently hindering the nation's growth. Director General, LCCI, Dr Chinyere Almona,...

NBS: Nigeria’s Inflation Rate Hits 15.92% The Consumer Price Index (CPI) which measures inflation increased to 15.92 per cent on a year-on-year basis in March 2022. The National Bureau of Statistics (NBS) disclosed this, Friday, in its latest report titled ‘Consumer Price Index March 2022’. It explained...