Lagos Accounts For 12.15% As States Debts Hit N4.2trn       The total states and Federal Capital Territory domestic debt profile hit N4.2tn with Lagos State accounting for 12.15 per cent of the debt stock as of the end of 2020. According to the report by the National...

Transport Fare Rises In February — NBS       Transport fare paid by passengers for bus, motorcycle (Okada) and water way journeys rose in February due to the slight increase in petrol price during the period. In its ‘Transport fare Watch’ report for February 2021 released yesterday, the...

Petrol Imports Gulped N2.11trn In 2020 - NBS       The amount spent on the importation of Premium Motor Spirit (petrol) rose by 17.54 per cent to N2.11tn last year, the latest data obtained from the National Bureau of Statistics have shown. The country spent N1.71tn on petrol...

Nigeria’s Inflation Rises Again, Hit Four-year High February     The consumer price index which measures inflation increased by 17.33 per cent (year-on-year) in February 2021. The National Bureau of Statistics on Tuesday revealed this in its report on Consumer Price Index for the month of February. This marked...

Two Out Of Five Bank Workers Are Contract Staff – NBS       Two out of every five people working in Nigerian banks are contract staff, analysis of data provided by the National Bureau of Statistics has shown. According to the NBS, as of the end of September...

Nigeria Recorded N7.37trn Foreign Trade Deficit In 2020 – NBS       Nigeria recorded N7.37tn foreign trade deficit in 2020, latest figures from the National Bureau of Statistics showed on Monday. The NBS disclosed in its ‘Foreign trade statistics report for fourth quarter of 2020’ that the total...