NBS Report: Naira Crash Pushes Raw Material Imports To N3trn   Imports of raw materials into the country rose by 25 per cent to N3tn in 2023. This is according to the Foreign Trade Statistics data published by the National Bureau of Statistics (NBS). The major raw materials...

Metered Customers Reach 12.12m in 2023 Q4 - NBS The total number of metered customers in Nigeria increased by 3.46% in the fourth quarter of 2023, to reach 12.12 million. This is according to the latest data released by the National Bureau of Statistics (NBS) This, according...

Nigerian Railway Generates N1bn Record Revenue in 2023 Q4 - NBS According to the National Bureau of Statistics (NBS), the Nigerian Railway Corporation generated a record N1.07 billion in passenger revenue in the fourth quarter of 2023. The report showed that the figure decreased by 7.51...

DisCos Revenue Surge to N1tn, Unmetered Customers Hit 5.8m Despite the persistent epileptic power supply nationwide, revenue generation by electricity distribution companies in Nigeria surged to N1.1trn within the 12 months of 2023, a new report has revealed. The figure represents an increase of N234.4bn or...

Food prices increased by over 10% across Nigeria in February – NBS Major staple food prices across Nigeria increased by double figures month-on-month according to the NBS latest food price watch. According to the NBS Food Price Watch, on the average Food such as Garri, Rice,...

Food prices increased by over 10% across Nigeria in February – NBS Major staple food prices across Nigeria increased by double figures month-on-month according to the NBS latest food price watch. According to the NBS Food Price Watch, on the average Food such as Garri, Rice,...