The National Bureau of Statistics (NBS), says the average price of 5kg of cooking gas reduced from N4,642.27 recorded in April 2023 to N4,360.69 in May 2023. Cylinder This is contained in the Bureau’s “Cooking Gas Price Watch’’ for May 2023 released in Abuja. The report said the May...
NBS
The National Bureau of Statistics (NBS) says the number of Electricity Distribution Companies (DisCos) customers in Nigeria increased from 11.06 million in Q4 2022 to 11.27 million in Q1 2023.The National Bureau of Statistics (NBS) says the number of Electricity Distribution Companies (DisCos) customers in Nigeria increased from 11.06...
The nation’s aggregate Company Income Tax (CIT) for Q1 2023, is reported to be N469.01 billion, the National Bureau of Statistics (NBS) says. The figure is contained in the NBS Company Income Tax(CIT) Q1 2023 Report released in Abuja on Wednesday. According to the report, the figure shows a growth...
The National Bureau of Statistics (NBS) says the average retail price of a litre of petrol witnessed a drop from N264.29 in March to N254.06 in April 2023. This is according to the NBS Petrol Price Watch released in Abuja on Friday. It stated that the April 2023 price...
With a few days to the May 29 inauguration of the new administration in the country, it is glaringly evident that President Muhammadu Buhari led Federal Government of Nigeria has successfully completed its constitutional two terms of eight years. Though there exists no codified, metered or iron cast way...
A recent study by National Bureau of Statistics (NBS) has revealed that hardship is the leading reason why Nigerian migrants abroad return home, accounting for 47.9 per cent of the returnees. This is contained in the “Awareness and Perception of Intending and Returned Migrants on the Dangers of Irregular...
By JOY ADARA, Abuja – The National Bureau of Statistics (NBS), says Nigeria’s headline inflation rate increased to 22.04 per cent on a year-on-year basis in March 2023. This is according to the NBS Consumer Price Index (CPI) and Inflation Report for March 2023 released in Abuja on Monday....
Nigeria’s total public debt stock consisting of domestic and external debt stocks of the Federal Government of Nigeria, the 36 State Governments and the Federal Capital Territory hit N46.25 trillion or 103.11 billion dollars inn Q4 2022. The National Bureau of Statistics (NBS) made this known on Friday in...
The National Broadcasting Commission (NBC) has vowed to shut broadcast stations whose activities are capable of undermining peaceful co-existence. Its spokesman, Mr Ekanem Antia, stated in Abuja on Friday that NBC’s Director-General, Malam Balarabe Ilelah, gave the avowal at a meeting with broadcast stations on the coverage of the...
The National Bureau of Statistics (NBS), says Nigeria’s headline inflation rate declined to 21.34 per cent on a year-on-year basis in December 2022. This is according to the NBS Consumer Price Index (CPI) and Inflation report for December 2022 released in Abuja on Monday. The report said that the...
The National Bureau of Statistics (NBS), said that prices of selected food items increased in November. This is, according to the NBS Selected Food Prices Watch Report for November 2022, released in Abuja on Monday. The report said that the average price of 1kg boneless beef on a year-on-year...
Headline inflation rate increased to 21.47 per cent on a year-on-year basis in November, the National Bureau of Statistics (NBS), has said. It made the declaration in its Consumer Price Index (CPI) and Inflation Report for November 2022 released in Abuja on Thursday. According to the report, the increase...
Some experts have advised the Central Bank of Nigeria (CBN) to review its monetary policy tools in order to tame the rising inflation. Dr Muda Yusuf, founder, Centre for the Promotion of Private Enterprises (CPPE), advised the CBN to resist the urge to further tighten the country’s monetary policy...
Average price of 5kg cooking gas rose by 0.21 per cent from N4,474.48 in September to N4,483.75 in October. The increased price is contained in the National Bureau of Statistics (NBS) “Cooking Gas Price Watch’’ for October 2022 issued on Monday in Abuja. It said stated that on a...
President Muhammadu Buhari says about 63 per cent of people in Nigeria are multidimensionally poor. Buhari said this at the inauguration of the 2022 Nigeria Multidimensional Poverty Index (MPI) Survey Report on Thursday in Abuja. The report was released organised by the National Bureau of Statistics (NBS). Represented by...
The National Bureau of Statistics (NBS), said that prices of selected food items increased in September. This is according to the NBS Selected Food Prices Watch Report for September 2022 released in Abuja on Friday. The report said that the average price of 1kg of Tomato on a year-on-year...
Consumers paid N191.65 for a litre of petrol in September on the average, the National Bureau of Statistics (NBS) stated on Saturday. It stated in its “Premium Motor Spirit (Petrol)’’ Price Watch for September 2022 that the average price was a 16.26 per cent increase over the N164.85 paid...
The market capitalisation of the Nigerian Exchange Ltd (NGX) dropped by N655 billion, following the hike in the nation’s inflation rate to 20.77 per cent. The News of Nigeria (NAN) reports that the National Bureau of Statistics (NBS) on Monday announced the inflation rate for September, standing at 20.77...
Lagos State collected the highest Internally-Generated Revenue (IGR) of N753.46 billion in 2021 followed by the FCT which collected N131.92 billion. The National Bureau of Statistics (NBS) stated on Sunday in Abuja that in 2020, Lagos State also led other states in IGR collection when it got N660 billion,...
The National Bureau of Statistics (NBS) stated that prices of selected food items increased in August. This is according to the NBS Selected Food Prices Watch Report for August, released in Abuja on Saturday. It said that the average price of 1kg of beans (white, black eye, sold loose)...