84% of Nigeria’s workforce is self-employed – NBS
The National Bureau of Statistics has reported that 84% of Nigeria’s working-class population was self-employed in the first quarter of 2024, marking…
NBS
Flight tickets hit N123, 700 in August – NBS
The average fare paid by air passengers for specified routes on a single journey experienced a significant increase, reaching N123,700.14. This figure…
Diesel price rises 64.58% in August- NBS
The average retail price of Automotive Gas Oil in Nigeria increased significantly by 64.58% year-on-year, reaching N1,406.05 per litre in August 2024.…
Inflation rate slows for second month, hits 32.15% in August
Nigeria’s headline inflation rate decreased to 32.15% in August 2024, down from 33.40% in July, according to the Consumer Price Index report…
Nigeria posts trade surplus of N6.95tn in Q2 2024
Nigeria achieved a trade surplus of N6.95 trillion in the second quarter of 2024, reflecting robust export performance despite a slight decline…
Agriculture drove 474.50% CIT growth in Q2 2024 – NBS
Agricultural sector led Q2 2024 Company Income Tax growth in Nigeria, with a 474.50% quarter-on-quarter increase, according to the latest NBS report.…
Oil production declined by 160,000bpd in Q2 2024 – NBS
Nigeria’s daily oil production decreased by 160,000 barrels per day in the second quarter of 2024. This was disclosed in the recent…
ICT contributed 19.78% to Nigeria’s Q2 2024 GDP – NBS
Nigeria’s Information and Communications Technology sector contributed 19.78% to the country’s real Gross Domestic Product in the second quarter of 2024, according…
Discos earn N3.95tn in five years – Report
Nigeria’s electricity distribution companies (Discos) reported a total revenue of approximately N3.95 trillion between 2019 and the first quarter of 2024, according…
Food prices surge by over 200% in June – NBS
Prices for staple foods like tomatoes, beans, and garri increased dramatically in June 2024 when comparedl to the same period in 2023.…
Nigeria’s inflation surges to 34.19% in June 2024 – NBS
The National Bureau of Statistics has announced in its latest report that Nigeria’s inflation rate in June 2024 increased from 33.95% in…
60% Public officers employed via bribery, nepotism 2020/2023 – NBS
The National Bureau of Statistics has said at least 60% of public sector personnel were employed through nepotism, bribery, or both between…