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Money

Q2: Nigeria’s Total Trade Stands At N12.841b

Nigeria’s total merchandise trade stands at N12,841.54 billion, in the second quarter of 2022, the National Bureau of Statistics(NBS), has said.  This is...

Insurance World

Insurance Sector Records 15.68% Growth In Q1

The Nigerian insurance sector grew by 15.68 per cent in the first quarter of the 2022 financial period, according to figures obtained from...

Energy

Subsidy Hits 45% Of Fuel Import Bill In Q1 – NBS report

Web image The National Bureau of Statistics has disclosed that Nigeria spent N1.51tn on the imports of premium motor spirit, also known as...

Economy

Nigerians’ Spending On Household Consumption Rises To N108tn – NBS

The National Bureau of Statistics has said that Nigerian residents spent N108.47tn on household consumption in 2021 in nominal terms. The figure is...

Aviation

Airfares Record 28% Increase In One Year – NBS

AIR transportation fares rose by 28.26 per cent in one year, according to a new report by the National Bureau of Statistics. In...

Transport

Water Transportation Fare Drops To N890.03 In March — NBS Report

The National Bureau of Statistics has said the average fare paid for water transport in March 2022 was N890.03, a 2.53 per cent...

Money

VAT Collections Up in 2021

The National Bureau of Statistics (NBS) published data on the revenue generated from Value Added Tax (VAT) collections in Q4 2021. The total VAT...

Money

Nigeria’s Growing Unattractiveness to Foreign Investors

The National Bureau of Statistics (NBS) recently released Nigeria’s Capital Importation report for FY-2021. On a positive note, total capital imported rose 26.4%...

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