Nigerians Spent N74bn To Import Motorcycles In Q1, 2022   As the Lagos State Government clamps down on commercial motorcyclists and while some states try to regulate their activities, the National Bureau of Statistics (NBS) has said N74 billion was used to import motorcycles in the...

FG Spent N1.5trn On Petrol Imports In Q1, 2022   The National Bureau of Statistics (NBS) has disclosed that Nigeria spent N1.51tn on the imports of premium motor spirit, also known as petrol, in the first quarter of 2022. This was 25.54 per cent of the total...

Foreign Investment Into Nigeria Drops By $1.6bn In Q1, 2022 The total value of foreign investment or capital importation into Nigeria dropped on a quarter-on-quarter basis by 28.1 percent to $1.6 billion in the first quarter of (Q1) 2022. The National Bureau of Statistics (NBS) disclosed...

FG Generates N532bn from Company Income Tax In 3 Months - NBS The National Bureau of Statistics tax report has revealed that the federal government generated a sum of N532.48 billion from Company Income Tax (CIT) in the first quarter of 2022. The report shows...

Food Prices Rise By 42% In A Year - NBS  The National Bureau of Statistics report shows that some food prices recorded an increase of 42 per cent in one year. A new report titled “Selected Food Price Watch for the month of April 2022” showed...

Buhari Approves Appointment Of Semiu Adeyemi Adeniran As Statistician - General And CEO Of The NBS   President Muhammadu Buhari has approved the appointment of Mr Semiu Adeyemi Adeniran as the substantive Statistician-General of the Federation and Chief Executive Officer of the National Bureau of...