Nigeria Records N5.81 Trillion Trade Surplus in Q3 2024
Nigeria has reported an impressive trade surplus of N5.81 trillion for the third quarter of 2024, according to the National Bureau of Statistics (NBS). The latest foreign trade statistics reveal…
Telcos Lost 12.3m Internet subscribers in 2021 – NBS
The National Bureau of Statistics (NBS), has disclosed that Nigeria’s internet users dipped by 7.99 percent to 141.9 million — as telecoms operators lost 12.3 million data subscribers in 2021.…
Nigeria’s Trade Surplus Soars to N5.81tn in Q3 2024
Nigeria has recorded a trade surplus of N5.81 trillion in the third quarter of 2024, showcasing a robust performance in export earnings, according to the latest report from the National…
Nigeria’s Economy Grew 3.4% in 2021 — Strongest Since 2014
The National Bureau of Statistics (NBS) has dosclosed Nigeria’s gross domestic product (GDP) grew 3.4 percent in 2021. The figure is the first annual growth above 3 percent since President…
Over 1.1 Million Nigerians Displaced, Says NBS
The National Bureau of Statistics (NBS) has reported that over 1.1 million Nigerians have been internally displaced, with a staggering 877,299 individuals driven from their homes due to ongoing conflict…
133m Nigerians Are Poor – FG
The National Bureau of Statistics, on Thursday, said Nigeria has at least one hundred and thirty-three million multi-dimensionally poor people. The NBS, in its latest National Multidimensional Poverty Index Report,…
Nigeria’s Inflation Rate Hits 34.8% Amid Festive Season Demand
Nigeria's headline inflation rate has risen to 34.80% in December 2024, up from 34.60% in November 2024, according to the National Bureau of Statistics (NBS). The increase is attributed to…
BREAKING: Nigeria Inflation Rises from 21.82%
Nigeria's inflation rate has risen from 21.82% in January to 21.91% in March 2023. This demonstrated a 0.09% point increase, according to a recent Consumer Price Index report by the…
NBS Reports 87.1% Increase In Petrol Price In November 2024
The National Bureau of Statistics (NBS) reports that the average retail price of petrol increased by 87.10% from N648.93 in November 2023 to N1,214.17 in November 2024. The NBS also…
28 States Fail To Attract Foreign Investment Into Nigeria
Twenty-eight Nigerian states have failed to attract foreign investment in the first quarter of 2023, the National Bureau of Statistics (NBS) revealed. Daily Report Nigeria reports that NBS said Nigeria's…