Lagos, Edo Top States With Highest Airfares In May – NBS   Lagos, Edo and Abuja are the top three destinations within Nigeria with the highest air fares paid by air passengers in May 2018. The Transport Fare Watch report for May 2018 released by the National...

Nigeria Imported 95.28 Billion Litres Of Petroleum Products In 4years   Between January 2014 and December 2017, the country imported 95.28 billion litres of petroleum products such as Premium Motor Spirit (petrol), Automotive Gas and Oil (diesel) and Household Kerosene. The figure was contained in the Petroleum...

NBS, SMEDAN To Identify MSMEs’ Skills Challenges   The National Bureau of Statistics and the Small and Medium Enterprises Development Agency will soon commence a national survey to identify some of the challenges facing the Micro, Small and Medium Enterprises sector of the economy. Both agencies on...

Nigeria’s Energy Import Hits N861.67bn In Q1 - NBS   The Nigeria’s oil, gas, solid minerals and energy sectors recorded over N861.67 billion worth of products importation during the first quarter of 2018, according to the latest foreign trade statistics from the National Bureau of Statistics.The...

Nigeria’s Trade Recorded N7.2tn Growth In Q1 – NBS   The country recorded an increase of N1.18tn in merchandise trade in the first quarter of this year to N7.21tn from N6.02tn in the fourth quarter of last year. The figures were contained in the Foreign Trade in...

Analysts Warn Against Another Recession As Economic Growth Shrinks   The National Bureau of Statistics on Monday released Nigeria’s Gross Domestic Product growth rate report with the size of the economy shrinking from 2.11 per cent in the fourth quarter of 2017 to 1.95 per cent...