On NITDA-NBS Partnership for Nigeria's Digital Future By Abbas Badmus In a bold initiative aimed at transforming Nigeria's digital landscape and stimulating economic growth, the National Information Technology Development Agency (NITDA) has joined forces with the National Bureau of Statistics (NBS). This strategic collaboration seeks to...

Nigeria Generated N1.43trn from VAT in Q1 2024 – NBS The National Bureau of Statistics (NBS) says the country generated N1.56 trillion as value-added tax (VAT) between April and June this year. The figure represents an increase of 9.11 percent when compared to the N1.43 trillion...

Company Income Tax Revenue Surges by 150.83% In Q2 2024 – NBS Nigeria’s Company Income Tax (CIT) surged by 150.83 per cent to N2.47tn in Q2 of 2024. A report by the National Bureau of Statistics (NBS) said the increase was from N984.61bn recorded in Q1...

Manufacturing Grows by 1.28% – NBS The manufacturing sector grew by 1.28 per cent year-on-year in the second quarter of the year, according to the Gross Domestic Product report of the National Bureau of Statistics (NBS) released on Monday. The sector grew at a slower pace...

Oil Production Fell by 160,000bpd in Q2 – NBS Nigeria’s daily oil production shrank by 160,000 barrels per day in the second quarter of 2024. This was contained in a report released by the National Bureau of Statistics (NBS). Within these three months, the NBS stated that...

Domestic Air Fare Rises By 25% To N98,561 In July The National Bureau of Statistics (NBS) said domestic air fare rose by 25 percent year-on-year (YoY) to N98,561.74 in July 2024 from N78.775.74 in July 2023. The bureau disclosed in its Transport fare watch report for...