…New figure does not reflect inflationary pressures in months — CPPE By Ariemu Ogaga Rising cost of crude oil and devaluation of Naira have been a major factor in the recent increment in inflation, Nigerian NewsDirect investigation has revealed. Meanwhile,…
The National Bureau of Statistics said that Nigeria recorded negative trade balance of N173.96 billion in the fourth quarter of last year. The Statistician-General of the Federation, Dr Simon Harry, made the announcement at a news conference in Abuja on…
Company Income Tax (CIT) recorded N124.71 billion decline from N472.52 billion in quarter three, 2021 to N347.81 billion in quarter four, the National Bureau of Statistics (NBS), said. The Bureau said this in its “Company Income Tax (CIT) Quarter Four,…
The National Bureau of Statistics (NBS) says the nation’s Gross Domestic Product (GDP) grew by 3.40 per cent in 2021. Mr Simon Harry, the Statistician-General of the Federation, said this in Abuja at a media briefing on the nation’s GDP…
…FG needs to tackle insecurity, reduce fiscal policy deposit monetisation — CPPE By Seun Ibiyemi Nigeria’s inflation rate dropped marginally to 15.6% in January 2022, representing a reversal from the uptick recorded in the previous month, when it increased to…
…More regulatory, institutional reforms required to boost investors confidence Abimbola Abatta, Uthman Salami, and Ariemu Ogaga Data from the National Bureau of Statistics (NBS) has revealed that the Federal Government attracted $31.82bn in 33 months from Foreign Direct Investment (FDI).…
The total value of capital imported into the country in the third quarter of last year (Q3, 2021) stood at $1.73billion, representing 97.73 per cent increase compared to the $875.62million recorded in the preceding quarter. According to the Nigerian Capital…
The total value of capital importation into Nigeria stood at 1.73 billion dollars in the third quarter of 2021, from 875.62 billion dollars in the preceding quarter of 2021, the National Bureau of Statistics (NBS) says. The bureau said this…
By Ogaga Ariemu 2021 would be considered as the Year of the Rebound for Nigeria’s Information and Communication Technology(ICT) sector despite Covid-19 pandemic. It was not all gloomy afterall as the Nigeria ICT Sector recorded huge milestones driven by the…
The National Bureau of Statistics (NBS) says the all-commodity group import index grew marginally by 0.52 per cent between July and Sept. It said this on Tuesday in Abuja, in the “Commodity Price Indices and Terms of Trade for Quarter…
