Inflation: Food Prices Still Very High - NBS
The nation’s food inflation is still on the rise with food items prices skyrocketing.
The National Bureau of Statistics (NBS) said prices of food items such as yam, rice and beef witnessed increases in January and continued rising...
Capital Importation Records 4th Decline To $1.06bn In Q4, 2022
Capital imported into the country recorded the fourth consecutive quarterly decline to $1.06 billion in the fourth quarter of 2022 (Q4’22), from $1.15 billion in Q3’22.
Data from the National Bureau of Statistics (NBS) Capital importation...
Domestic Airfares Increase By 66% In 2022 – NBS
The National Bureau of Statistics (NBS) has revealed that domestic air transport fares increased by 66.36 per cent in the last one year.
In its latest report titled ‘Transport Fare Watch (February 2023)’, the NBS stated that...
Buhari's Reign: FG Rakes In N10trn VAT in 8 Years – NBS
The Federal Government has raked in N10.1tn from the collection of Value Added Tax under the regime of the President Muhammadu Buhari.
This comes against the backdrop of the advice by the Minister of...
Nigeria’s Raw Material Imports Rise To N2.4trn
Nigeria spent at least N2.4tn to import raw materials from other countries in 2022, according to data collated from Foreign Trade Statistics of the National Bureau of Statistics (NBS).
The data also showed that Nigeria exported raw materials to...
Oil Products Import Decline To N1.87trn In Q4, 2022
The National Bureau of Statistics (NBS) has said oil products imports dipped from N2.29trillion in the third quarter to N1.87 trillion in fourth quarter of last year.
This was contained in a document that The Economic Confidential...
