Nigeria’s Foreign Tax Earnings Springs Up Over Weak Naira Nigeria has witnessed a significant surge in tax earnings from foreign firms, with figures nearly doubling in the span of one year. This significant fiscal boost is likely due to the weakening of the naira, which has...

Nigeria Import Grew to N35.9tn in 2023 – NBS Nigeria’s total imports grew to N35.9tn in 2023, from N25.5tn recorded in 2022, according to data by the National Bureau of Statistics. A breakdown of the data showed that in the first and second quarters of 2023,...

Inflation Hit 29.90% in January 2024 – NBS Nigeria's inflation rate has jumped significantly to 29.90 percent in January, 2024. According to the latest report from the National Bureau of Statistics (NBS), the country's inflation rate reached a record high of 29.90% in January from 28.92...

Inflation Hit 29.90% in January 2024 – NBS Nigeria's inflation rate has jumped significantly to 29.90 percent in January, 2024. According to the latest report from the National Bureau of Statistics (NBS), the country's inflation rate reached a record high of 29.90% in January from 28.92...

Nigeria's Total Trade Hits N26.80trn in Q4 - NBS Nigeria's total trade has reached N26.80 trillion in the fourth quarter of 2023, according to new data released by the National Bureau of Statistics (NBS). However, the country's trade deficit widened significantly, as imports far outpaced exports. According...

Cooking Gas Prices Continue Upward Despite FG Intervention All efforts by the federal government to tame the skyrocketing prices of Liquefied Petroleum Gas (LPG), otherwise known as cooking gas have failed to impact the rate the product is sold in the open market, with a...