Nigerians paid N721bn in bribes to public officers in 2023 — NBS
A new report by the National Bureau of Statistics has revealed that Nigerians paid an astounding N721 billion in cash bribes to…
NBS
Lagos, Ogun, Kano top Nigeria’s mobile subscriptions in Q1 2024 – NBS
The latest telecommunications data issued by the National Bureau of Statistics shows that three states, Lagos, Ogun, and Kano, accounted for 23%…
Nigeria’s capital imports surged 210% to $3.37bn Q1, 2024 – NBS
Nigeria’s total capital imports increased by 210.16% in the first quarter of 2024, from $1.08 billion in Q4, 2023 to $3.37 billion…
Average commuters’ inter-city travel fares surged 78% in 2024 – NBS
Passengers paid an average of N7,129.46 each for intercity bus travel inside Nigeria, representing a considerable increase of 78.14% from N4,002.16 in…
Nigeria’s terms of trade dips 0.12% – NBS
In the first quarter of 2024 (Q1’24), all commodity terms of trade (ToT) fell by 0.12 percentage points, while imports grew by…
Electricity users hit 1.78% to 12m in Q1 2024 – NBS
The overall number of billing consumers was 12.33 million in Q1’24, up 1.78 per cent from 12.12 million in the fourth quarter…
Petrol price surges 223% to ₦770/litre — NBS
The average price of Premium Motor Spirit, also known as petrol, surged 223.21 per cent, reaching about ₦770 per litre in May…
Nigeria, UK’s trade dips by 25% in Q1 2024
Nigeria’s total trade with the United Kingdom fell by 25% in the first quarter of 2024 despite the higher value realized from…
Inflation rate surges to 33.95% in May 2024 – NBS
Nigeria’s annual inflation rate rose to 33.95 percent in May, marking the fourth consecutive month of increases, as citizens grapple with the…
Nigerians paid N1.43tn in value added tax in Q1 2024 – NBS
Nigerians paid N1.43 trillion in value-added tax in the first three months of 2024, up from N1.20 trillion in Q4 of 2023.…
Companies’ tax payments to FG decline 12% in Q1
Tax payments from Nigerians and international companies fell by 12% in the first quarter of this year, according to the most recent…
Nigerians made 229,369 complaints on goods, services – NBS
The number of reported public complaints on goods and services increased in the past three years. The complaints have risen from 61,480…