Nigeria’s inflation rate jumped to a 17-year high of 21.09% in October 2022, representing a 0.32% point increase from 20.77% recorded last month. This is coming as food inflation in October 2022 increased to 23.72% from 18.34% in the corresponding…
The number of road accidents in Q2 of 2022 reduced by 1.88 per cent when compared with Q1 of 2022, the National Bureau of Statistics (NBS), has said. NBS in its Road Transport Data Q2 2022 Report released in Abuja…
The National Bureau of Statistics (NBS), says Nigeria’s real Gross Domestic Product (GDP) at basic prices grew by 3.11 per cent in quarter one of 2022 on a Year-on-Year basis. The NBS said this showed a higher growth rate compared…
National Bureau of Statistics (NBS) says it has commenced training of enumerators on Nigeria Living Standard Survey (NLSS) aimed at measuring the impacts of government’s policies on social welfare. Statistician-General of the Federation and Chief Executive Officer of NBS, Prince…
Consumers paid N191.65 for a litre of petrol in September on the average, the National Bureau of Statistics (NBS) stated on Saturday. It stated in its ‘Premium Motor Spirit (Petrol)’ Price Watch for September 2022 that the average price was…
The average price of 5kg of cooking gas increased from N4,456.56 in August to N4,474.48 in September, the National Bureau of Statistics (NBS) has stated. It stated in its “Cooking Gas Price Watch’’ for September 2022 released on Saturday in…
The Ogun State government has refuted the statistical agency, BudgIT Foundation’s widely publicised report on internally generated revenue across the 36 states of Nigeria titled “State of States, 2022 Edition” with respect to the state’s financial health status. In a…
The National Bureau of Statistics (NBS), on Monday reported that Nigeria’s inflation rate had hit a 17-year high on the back of soaring food prices and supply chain disruption in September. The Consumer Price Index’s (CPI) report showed that inflation…
Lagos State collected the highest Internally-Generated Revenue (IGR) of N753.46 billion in 2021 followed by the FCT which collected N131.92 billion. The National Bureau of Statistics (NBS) stated on Sunday in Abuja that in 2020, Lagos State also led other…
Banking sector data from the October 2022 report from the National Bureau of Statistics (NBS) says the oil and gas industry was one of the top credit allocations for private sector businesses in 2021. The total credit allocated to the…
