Average Price Per Litre Of Kerosene Increases In November - NBS         The average price per litre paid by consumers for National Household Kerosene increased to N353.38 in November from N352.93 in October, the National Bureau of Statistics (NBS) says. The Bureau made this known in its...

Fuel Imports Gulped N700.46bn In Three Months – NBS         The amount spent on the importation of petroleum products into Nigeria rose to N700.46bn in the third quarter of this year, moving closer to the pre-COVID-19 level, the latest data from the National Bureau of Statistics...

Nigeria Records $414.79m Foreign Direct Investment In Q3 – NBS         Nigeria recorded $414.79m Foreign Direct Investment in the third quarter of 2020 out of a total of $1.46bn capital inflow into the country during the period under review. The National Bureau of Statistics disclosed this in...

Nigeria's Inflation Rate Hits 14.89%         The Consumer Price Index (CPI), which measures inflation, increased by 14.89 per cent (year-on-year) in November compared to 14.23 per cent in the preceding month, according to the National Bureau of Statistics (NBS). The NBS attributed the 0.66 percentage increase in...

Banks’ Non-performing Loans Now N1.17trn – NBS         Non-performing loans in the Nigerian banking sector fell by N42.4bn in three months, latest figures from the National Bureau of Statistics have shown. According to figures obtained from the NBS’ latest Selected Banking Sector Data Report on Sunday, the...

Nigeria’s Q3 Trade Deficit Now N2.38trn, Highest Since 2017 – NBS         Nigeria’s trade deficit rose by 32.45 per cent from N1.8tn as of the end of second quarter to N2.38tn in the third quarter. The National Bureau of Statistics disclosed this in its Q3 Foreign Trade...