NBS names three countries with highest capital investment in Nigeria
In the fourth quarter of 2023, the National Bureau of Statistics reported that the United Kingdom, Mauritius, and the Netherlands emerged as…
NBS
Foreign investment in manufacturing sector falls by 54% – NBS
The latest Capital Importation data from the National Bureau of Statistics shows that foreign investments in Nigeria’s manufacturing sector decreased by $326…
FDI drops $471m in five years – NBS
Foreign direct investments into Nigeria have decreased by $470.8 million over the last five years. This followed analysis of various National Bureau…
NBS records N7.5tn trade deficit with China – Report
The trade balance between Nigeria and China grew to N7.54 trillion in the first nine months of 2023. The PUNCH reported that…
Inflation hits 28.20% in November – NBS
The total rate of inflation increased to 28.20% in November 2023, above the rate of 27.33% in October 2023. This suggests a…
CIT collection rises by 116% to N1.75 trillion in 2023 – NBS
Nigeria’s Company Income Tax collection jumped from N810.19 billion in the third quarter of 2022 to N1.75 trillion in the third quarter…
Nigeria’s VAT collection rises 21.34% to N948.07bn in Q3 – Report
Value Added Tax revenue in Nigeria climbed by 21.34% in Q3 2023, from N781.35 billion in the second quarter to N948.07 billion.…
Insurance industry grew by 16.99% in Q3 – NBS
Nigeria’s insurance industry grew by 16.99 percent in the third quarter of the fiscal year 2023. The Punch reported that this was made…
Oil sector gained zero foreign investment in Q2 – NBS
National Bureau of Statistics has stated that the country’s oil and gas industry failed to draw any foreign investment for the first time…
How food prices rose in September – NBS
By Wilson Adekumola The National Bureau of Statistics has revealed how prices of beef, rice, beans, onion, yam and other food…
Lagos, Rivers, FCT maintain IGR dominance — Report
The National Bureau of Statistics has said Lagos, Rivers, and the Federal Capital Territory lead the other states in terms of internally…
Nigeria’s foreign capital imports drop 9% – NBS
The National Bureau of Statistics’ foreign capital report shows that, compared to the first three months of 2023, Nigeria’s importation of foreign…