The Trade Union Congress of Nigeria (TUC) has expressed dismay over the country’s slow growth and development in spite of attaining 62 years of independence. TUC’s President, Mr. Festus Osifo, expressed concern in a statement on Sunday in commemoration of…
The National Bureau of Statistics (NBS) says the All-commodity group import index on average increased by 0.07 per cent, with the highest increase recorded by “Vehicles, aircraft and parts. This is according to the NBS Commodity Price Indices for Q2…
By Ridwan Adekunle The National Bureau of Statistics says the average transport fare paid by commuters across Nigeria rose by 6.96 per cent between July 2022 and August 2022. The average transport fare paid by commuters in July was N60,811.76,…
Average price of 5kg cooking gas increased from N4,397.68 in July to N4,456.56 in August. The assertion was made by the National Bureau of Statistics (NBS), in its Cooking Gas Price Watch issued on Tuesday in Abuja. It noted that…
By Seun Ibiyemi Zenith Bank, Access Bank and eight other banks income generation from dollar inflows into the Nigerian economy hit $3.11billion in half year results 2022. This is according to a report released by the National Bureau of Statistics…
By Seun Ibiyemi The total value of capital importation into Nigeria in the second quarter of 2022 stood at US$1.535.35 billion from US$875.62 million in the corresponding quarter of 2021, showing an increase of 75.34 per cent. When compared to…
By Seun Ibiyemi An Economist, Dr Muda Yusuf, has charged the National Bureau of Statistics (NBS) to engage stakeholders of the maritime sector to appropriately capture its contribution to the Gross Domestic Product (GDP). Yusuf, also Founder, Centre for the…
…As Minister attributes growth to enabling government policies By Ibiyemi Mathew The Nigerian ICT sector has recorded an unprecedented growth of 18.44 per cent in the second quarter of 2022. The National Bureau of Statistics (NBS) stated this in the…
The National Bureau of Statistics says on a year- on-year basis, the average retail price per litre of household kerosene increased by 98.76 per cent in July 2022. This is according to the NBS National Household Kerosene Price Watch for…
The National Bureau of Statistics (NBS), says prices of selected food items increased in May. It made the declaration in its Selected Food Prices Watch Report for May released in Abuja on Wednesday. It stated that the average price of…
