Business
Lagos tops list of states with most external debt

Nigeria’s domestic debt hits N77.81tn in Q3

  • 20th February 2026
NAFDAC cuts licensing fees by 65%

NAFDAC seals 18 warehouses over expired goods in

  • 20th February 2026

Again, fire guts Kano market

  • 20th February 2026

Oil prices bear six‑month high amid US-Iran tension

  • 20th February 2026

Contact Info

Some Populer Post

Tesla recalls nearly all cybertrucks over safety concern

Tesla cuts prices, unveils lower-cost Cybertruck to boost sales

Tech
Lagos tops list of states with most external debt

Nigeria’s domestic debt hits N77.81tn in Q3

Business
NAFDAC cuts licensing fees by 65%

NAFDAC seals 18 warehouses over expired goods in Niger

Business

FG plans armed forces college of medicine in NDA

Helth

Tag: NBS

featured

Nigeria’s inflation drops to 23.71% in April

Nigeria’s inflation rate eased to 23.71% in April 2025, down from 24.23% in March, according to latest data from the National Bureau of Statistics. This 0.52 percentage point drop marks a modest but positive shift, signaling a potential turning point as the country battles persistent economic hardship and high living costs. While still elevated, the […]

How FG can boost Nigeria's digital growth - Analyst
featured Telecommunications

Nigeria’s ICT sector contributes 17% GDP in Q4 2024 – NBS

Nigeria’s Information and Communication Technology sector contributed 17.00% to the country’s real Gross Domestic Product in Q4 2024, according to the National Bureau of Statistics. This marks an increase from 16.66% in Q4 2023 and 16.35% in the previous quarter of 2024. The NBS report shows that Nigeria’s ICT sector contributed 17.68% to real GDP […]

featured

JUST IN: Nigeria’s GDP rises by 3.84% in Q4 2024 

The National Bureau of Statistics reports that Nigeria’s GDP grew by 3.84% year-on-year in Q4 2024, up from 3.46% in Q3. In its GDP report published on Tuesday, NBS said the growth rate is higher than the 3.46 per cent recorded in Q3 2024. The NBS noted that the 3.84% growth rate in Q4 2024 also […]

News

Nigeria’s inflation falls to 24.48% in January 2025

Nigeria’s headline inflation rate decreased to 24.48% year-on-year in January 2025, following the rebasing of the Consumer Price Index by the National Bureau of Statistics. Channels Television reported that the Statistician-General of the Federation, Adeyemi Adeniran, announced the rebased inflation figures during a press briefing in Abuja on Tuesday. According to the latest NBS report, […]

News

Rebasing GDP, CPI aligns with UN fundamental principles – NBS

The Statistician-General of the Federation and Chief Executive of the National Bureau of Statistics, Semiu Adeyemi, emphasized Nigeria’s commitment to producing reliable and accurate economic data. He stated that the ongoing rebasing of the Gross Domestic Product and Consumer Price Index by the NBS is in line with the United Nations Fundamental Principles of Official […]

News

Inflation hits 34.80% in ‘detty’ December – NBS

Nigeria’s headline inflation rate rose to 34.80% in December 2024, up from 34.60% in November, according to a report by the National Bureau of Statistics on Wednesday. This 0.20% increase is attributed to the higher demand for goods and services during the festive season. Compared to December 2023, Nigeria’s inflation rate increased by 5.87 percentage […]

News

NBS allocates ₦35m for cybersecurity after website hack

The National Bureau of Statistics has allocated ₦35 million in its 2025 budget proposal for “Capacity Building on Cybersecurity and Data Centre Management.” This move follows the December 18, 2024, cyberattack that compromised the agency’s website, highlighting vulnerabilities in its systems. The funding is expected to enhance staff training, improve cybersecurity measures, and safeguard critical […]

News

Nigeria’s exports to ECOWAS hit N1.5trn – NBS

Nigeria’s exports to ECOWAS countries reached N1.54 trillion in the third quarter of 2024, while imports amounted to only N82 billion, as reported by the National Bureau of Statistics. The report indicated that Ivory Coast was Nigeria’s top trading partner in the ECOWAS region, importing goods valued at N662.71 billion. Togo ranked second with N574.93 […]

News

Nigeria’s inflation hits 34.60% in November – NBS

Nigeria’s inflation rate rose to 34.6% in November 2024, compared to 33.8% in October, according to the latest Consumer Price Index report from the National Bureau of Statistics. The NBS report reveals a 0.72% monthly increase in Nigeria’s inflation rate, climbing from 33.8% in October 2024 to 34.6% in November 2024, underscoring persistent economic pressures […]

News

Nigeria’s imports from Malta hit N766.81bn in Q3 2024 – NBS

Nigeria’s total imports from Malta N766.81 billion in the third quarter of 2024, according to the National Bureau of Statistics foreign trade report. Nigeria’s total imports from Malta reached N766.81 billion in the third quarter of 2024, according to the National Bureau of Statistics foreign trade report. While the specific products imported from Malta were […]

featured

Telecoms sector suffers $99m foreign investment decline in Q3 – NBS

Foreign investments in Nigeria’s telecommunications sector plummeted from $113.42 million in Q2 2024 to $14.4 million in Q3 2024, representing an 87% decline, according to the National Bureau of Statistics. This $99.02 million drop, signals potential challenges such as economic instability, regulatory issues, or declining investor confidence in the sector. The NBS, in its capital […]

N40,000 rice initiative targets public servants, others to follow
News

Local rice prices surge by 137.32% – NBS

Local rice prices in Nigeria skyrocketed by 137.32% in October 2024 compared to the same period last year, according to the National Bureau of Statistics’ Selected Food Prices report. This sharp increase places local rice among the 10 most expensive staple foods in the country, highlighting ongoing challenges in food production and affordability. The NBS […]

Sign Up for Our Newsletter

Subscribe to our newsletter to get our newest articles instantly!

Email Us: [email protected]

ambusinessng @2025. All Rights Reserved.

Facebook-f Pinterest-p Youtube Instagram Linkedin-in