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…
The National Bureau of Statistics (NBS) says Nigeria’s inflation rate increased to 17.71 per cent on a year-on-year basis in May. This is according to NBS Consumer Price Index(CPI) and Inflation Report May 2022 released in Abuja on Wednesday. The…
The National Bureau of Statistics (NBS), in partnership with the Central Bank of Nigeria (CBN) is set to commence the National Integrated Household Survey in 33,300 households across the country. The Statistician-General of the Federation, Prince Semiu Adeniran, said this…
The Federal Inland Revenue Service (FIRS) on behalf of the Federal Government of Nigeria generated a sum of N532.48 billion from Company Income Tax (CIT) in the first quarter of 2022, an increase of 35.6 per cent compared to Q1…
The new Statistician-General (S-G) of the Federation, Prince Semiu Adeniran, says the bureau will expand its scope to produce data on migration, Internally Displaced Persons (IDPs) and security. Adeniran made this commitment while taking the Oath of Office and Secrecy…
By Seun Ibiyemi The National Bureau of Statistics (NBS), says Nigeria’s Gross Domestic Product (GDP) grew by 3.11 per cent in the first quarter of 2022. This is according to the NBS Nigerian Gross Domestic Product Report Q1 2022 released…
