NBS: Gold, Others Generate N19.2bn for FG in Q1
The National Bureau of Statistics report has revealed that, despite Nigeria's insufficient gold deposits and production, gold fetched the federal government N10.3 billion in the first quarter of 2022.
The report, titled ‘Trade In Goods Statistics,’ said...
Despite Unstable Power, Discos Generated N2.4trn
The Electricity Distribution Companies (Discos) raked in a total of N2.4 trillion as revenue between 2015 and 2020, the National Bureau of Statistics (NBS) has revealed.
According to the NBS, revenue generated by the DisCos in 2015 stood at N278.89...
Nigeria’s Imports From China Rise By 183.91%
Nigeria’s import from China rose by 183.91 per cent from N530.98bn in the first quarter of 2018 to N1.51tn in Q1 2022.
According to the National Bureau of Statistics (NBS) data on foreign trade, China is responsible for most...
Capital Importation Declined To $1.57bn
The total value of capital importation into the country declined by 28.09 per cent to about $1.57 billion in the first quarter of the year (Q1 2022) compared to $2.87 billion in the preceding quarter, according to the National Bureau...
NBS Report: Crude Oil Exports Hit N5.6tn in Three Months
A Foreign Trade report by the National Bureau of Statistics (NBS) revealed that Nigeria’s crude oil exports jumped to N5.6trn in the first quarter of 2022, reflecting nearly 200 per cent increase when compared to...
In Q1, Nigerians Spent N74bn Importing Motorcycles - NBS
The National Bureau of Statistics (NBS) in its recent report has revealed that N74 billion was used to import motorcycles in the first quarter of 2022. This follows efforts by some states to regulate commercial motorcyclists...
