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...

Nigeria GDP Grew By 3.19% In Q2, NBS Says Nigeria’s Gross Domestic Product (GDP) grew by 3.19 percent (year-on-year) in real terms in the second quarter of 2024, according to a latest data from the National Bureau of Statistics (NBS). The growth rate is higher than...

Metered Electricity Consumers Rise 48% to 5.9million – NBS The National Bureau of Statistics has disclosed that the number of metered electricity consumers in Nigeria increased by 48.5 per cent between 2019 and 2024. An analysis of data from the NBS, an agency of the Federal...

Why Nigerian farmers shift to food crops By Salisu Na'inna Dambatta The high cost of living, especially of the food component, as constantly highlighted by the National Bureau of Statistics (NBS) and the experience of breadwinners while buying basic food items, have made many farmers to...