The National Bureau of Statistics (NBS), says Nigeria’s Gross Domestic Product (GDP) increased by 4.03 per cent in the third quarter of 2021. This is according to a report released by the NBS on Nigerian Gross Domestic Product Report (Expenditure…
The National Bureau of Statistics (NBS) said on Saturday that the nation’s inflation rate increased to 15. 92 per cent in March 2022. According to a report released by NBS in March 2022 the Consumer Price Index (CPI) which measures…
The National Bureau of Statistics (NBS) said on Saturday that the nation’s inflation rate increased to 15. 92 per cent in March 2022. According to a report released by NBS in March 2022 the Consumer Price Index (CPI) which measures…
…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…
