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Tag: Nigerian Gross Domestic Product Report (Expenditure and Income Approach)

Insurance Sector Records 28% Growth In Q3, 2022

Insurance Sector Records 28% Growth In Q3, 2022   Insurance sector recorded 28.26 per cent growth in the third quarter of 2022, according to figures obtained from the National Bureau of Statistics. The NBS stated in its ‘Nigerian Gross Domestic Product report Q3, 2022’, that the finance...

Rising Inflation Drives Consumption Expenditure To N57trn In H1, 2022

Rising Inflation Drives Consumption Expenditure To N57trn In H1, 2022   Rising inflation drove Nigerians’ consumption expenditure to N57.08trn in the first half of 2022. This is a 14.39 per cent increase from the N49.89tn that was spent in the corresponding period of 2021, according to the...