NBS Archives

Kerosene hit over N1000/litre – Report

The National Bureau of Statistics has revealed that the average retail price of household Kerosene paid by consumers in October was N1, 041.05 per litre. According to The News Agency of Nigeria, NBS stated, “National Household Kerosene Price Watch” for October 2022 that the average price was a 9.90 per cent increase over the […]

oamudipepdnlimited-com
30th November 2022
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278 Views

Trapped funds: CBN to give foreign airlines $150m

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Monetary policy’ll reduce inflation by 15% – CBN

The governor of the Central Bank of Nigeria, Godwin Emefiele, has predicted that with the help of the CBN’s numerous monetary policy instruments, inflation rates will progressively decline to less than 15% by the end of 2023. According to data from the National Bureau of Statistics, inflation in Nigeria reached a record high of 5.09 […]

jonuorahpdnlimited-com
26th November 2022
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324 Views

Aviation

Flights to South-South most expensive – NBS

The National Bureau of Statistics ranked flights to the South-South as the most expensive of all geopolitical zones in the country. According to recent NBS fare watch data, the average airfare for a one-way trip in the South-South zone was N74,150 in September 2022. For the same period under consideration, the North Central zone cost […]

jonuorahpdnlimited-com
25th October 2022
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282 Views

Nigerians bought petrol N191.65 per litre September- NBS

News

Petrol cost average N191.65 per litre September– NBS

The National Bureau of Statistics on Saturday revealed that consumers paid an average of N191.65 for a litre of petrol in September. According to The News Agency of Nigeria, as obtained from the Petrol price watch for the month of September 2022, the average price for petrol saw a 16.26 per cent increase over the […]

oamudipepdnlimited-com
22nd October 2022
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253 Views

News

Nigeria’s mineral production rose by 39% in 2021 – NBS

The National Bureau of Statistics has disclosed that Nigeria’s mineral production increased by 39.19% in 2021, from 64.29 million tons recorded in 2020 to 89.48 million tons in 2021. This was disclosed in an NBS report on Monday titled, ‘Mineral production Statistics’ for 2021. The report added that the most mined mineral in Nigeria remains […]

oamudipepdnlimited-com
9th August 2022
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326 Views

Economy

Nigeria’s inflation hits 18.6%, highest in five years

The Consumer Price Index, which measures the rate of change in prices of goods and services, surged to 18.60 per cent in June 2022, up from 17.71 per cent in the previous month. According to reports, this is the highest since January 2017. The National Bureau of Statistics said this in its consumer price index […]

sadeniyipdnlimited-com
15th July 2022
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217 Views

Investment

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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217 Views

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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201 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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239 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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315 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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213 Views

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Tag: NBS

Kerosene hit over N1000/litre – Report

Monetary policy’ll reduce inflation by 15% – CBN

Flights to South-South most expensive – NBS

Petrol cost average N191.65 per litre September– NBS

Nigeria’s mineral production rose by 39% in 2021 – NBS

Nigeria’s inflation hits 18.6%, highest in five years

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

OpenAI unveils GPT-5.5 Instant as new default ChatGPT.

Musk wanted $80bn to colonize Mars, says OpenAI.

PayPal bets on AI turnaround amid slumping shares,.

Meta deploys AI scan to detect under-13 users

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