NBS Archives

Rivers, Kaduna, 30 others attract zero foreign investments in Q1

Thirty-two states in Nigeria, including Rivers and Kaduna, did not attract any foreign investments in the first quarter of 2022, AMBusiness has learnt. A report by the National Bureau of Statistics shows that only Lagos, Oyo, Katsina, Anambra states, and the Federal Capital Territory attracted investment during the period. According to the NBS’ Nigerian Capital […]

agencyreport
14th June 2022
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Economy

Insecurity, naira devaluation drive wheat imports to N1.3tn

Importation of durum or pasta wheat into Nigeria has continued to skyrocket, rising from N730.9 billion in 2020 to N1.295 trillion in 2021. Calculations from the National Bureau of Statistics Foreign Trade Statistics showed that wheat importation into Africa’s most populous nation rose 77.23 per cent from 2020 to 2021. Wheat is an important commodity […]

agencyreport
26th May 2022
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50 Views

Economy

Nigeria’s GDP rose by 3.11% in Q1 2022 – NBS

The National Bureau of Statistics on Monday revealed that Nigeria’s Gross Domestic Product rose by 3.11 per cent in the first quarter of 2022. In a tweet posted to its official Twitter page, @NBS_Nigeria, on Monday, the NBS wrote, “Gross Domestic Product (GDP) grew by 3.11% (year-on-year) in real terms in the first quarter of […]

agencyreport
23rd May 2022
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51 Views

Economy

Workers in formal sector earn N159tn in four years – NBS

Employees in Nigeria’s formal sector earned N159.01tn from 2018 to 2021, according to data from the National Bureau of Statistics. The statistics body revealed this in its ‘Nigerian Gross Domestic Product Report’ released on Thursday. According to the NBS, the total compensation of employees in the nation, based on the GDP and expenditure at current […]

agencyreport
14th May 2022
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53 Views

FG budgets N8.68tn for agric, food imports - Report

Agribusiness Economy

Food prices jump over insecurity, fuel scarcity in Q1 – Report

THE rise in diesel prices, petrol scarcity, and heightened insecurity in the nation drove food prices to a record high in the first quarter of 2022, a new report by SB Morgen, has shown. The geopolitical intelligence platform disclosed this in its report titled, ‘The SBM Jollof Index Q4 2021 & Q1 2022; Geopolitics comes […]

agencyreport
19th April 2022
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52 Views

Navy destroys 800 illegal refineries, recovers 171,000 stolen

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NIBSS unveils advanced digital platform to modernise, enhance

PZ Cussons quits Nigeria palm oil business, sells

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Tag: NBS

Rivers, Kaduna, 30 others attract zero foreign investments in Q1

Insecurity, naira devaluation drive wheat imports to N1.3tn

Nigeria’s GDP rose by 3.11% in Q1 2022 – NBS

Workers in formal sector earn N159tn in four years – NBS

Food prices jump over insecurity, fuel scarcity in Q1 – Report

FG secures Heathrow landing slot for Air Peace.

Apple exploring bid for AI search startup Perplexity.

E-commerce startup Sabi lays off 20% workforce

Pope Leo XIV warns of AI risks, urges.

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