Price Of Petrol Highest In Plateau, Kano, Abia In April     The National Bureau of Statistics (NBS), yesterday, said the highest average price of petrol in April was recorded in Plateau, Kano and Abia states. In its ‘Premium Motor Spirit (Petrol) Price Watch for April 2021’, the...

Inflation Reverses 19-month Trend, Drops Marginally To 18.12%       Headline inflation fell to 18.12 percent in April representing 0.05 percent point year-on-year (YoY) decline when compared to 18.17 percent recorded in March. This also represents the first decline in inflation since August 2019 when inflation rate stood...

Inflation: Money Supply Rises By 22.5% To N38trn       The increasing demand for cash by members of the public to meet the rising prices of goods and services has caused money supply in the economy to jump by 22.5 per cent Year-on-Year (YoY) to N38 trillion...

Nigeria Earned N496bn From VAT In Three Months — NBS       The federal government’s Value Added Tax (VAT) collections rose to N496.39 billion in the first quarter of 2021 from the N454.69bn realised in the fourth quarter of 2020, according to the National Bureau of Statistics...

Commercial Banks’ Loan To FG Hits N1.8trn       The total commercial loans to the government, at all levels, rose to N1.77 trillion at the close of last year, about 18 per cent increase from the N1.5 trillion reported in December 2019. This comes as the total outstanding...

Prices Of Rice, Others Rose In March — NBS       The National Bureau of statistics , NBS, said the prices paid by consumers for rice, eggs, tomato and yam rose in March. This corresponds with the Bureau’s March inflation report which stated that the composite food index...