NBS
24 Nov
Nigeria’s gross domestic product (GDP) has witnessed a 2.54 percent growth in the third quarter (Q3) of the year 2023.
24 Nov
Inventory accumulation, a key indicator of manufacturers’ confidence in the state of the economy and future demand, fell by as much as 37.2 per cent in the second quarter (Q2) of the year, the latest Nigeria Gross Domestic Product...
31 Oct
As the festive season approaches, procuring 1kg bag of rice may become a tall order for an average Nigerian family due to its rising cost. Data from the National Bureau of Statistics (NBS) showed that the average price of 1kg of rice locally sold increased by 60.59 per cent...
26 Oct 2023
The National Bureau of Statistics (NBS) said the average price of 5kg of cooking gas increased from N4,115.32 recorded in August 2023 to N4,189.96 in September 2023. This is contained in the Bureau’s “Cooking Gas Price Watch’’ for September 2023 released on Thursday in Abuja. The report said the September 2023 price represented a 1.81…
17 Oct 2023
The National Bureau of Statistics (NBS) says Nigeria’s headline inflation rate increased to 26.72 per cent in September 2023.
15 Sep 2023
The National Bureau of Statistics (NBS) says prices of food items such as beef, tomatoes, beans, and yams witnessed increases in July.
8 Sep 2023
The country’s total exports showed some improvement in the second quarter, increasing by 8.15 per cent when compared to the amount recorded in the first quarter of 2023 (N6.49 trillion), data released by the National Bureau of Statistics (NBS).
5 Sep 2023
The Federal Government realised N1.53 trillion from company income tax (CIT) in the second quarter (Q2), indicating a growth rate of 226.4 per cent from N469.01 billion it realised in the first quarter.
23 Aug 2023
There has been a welter of strong negative public opinions against the seemingly flip-flop attitude of President Bola Ahmed Tinubu over some of his planned policies targeted at addressing multi-dimensional poverty in the country.
15 Aug 2023
The National Bureau of Statistics (NBS) said Nigeria’s headline inflation rate increased to 24.08 per cent in July 2023. The NBS disclosed this in its Consumer Price Index (CPI) and Inflation Report for July , which was released in Abuja on Tuesday. According to the report, the figure is 1.29 per cent points higher compared…
11 Jul 2023
The general elections, which were held in the first quarter of 2023, and the uncertainty that came with them might have been responsible for the 28 per cent quarter-on-quarter (Q/Q) drop in the capital flow into the country in the first three months of the year.
5 Jul 2023
Ahead of the release of the Labour Force Survey by the National Bureau of Statistics (NBS), stakeholders have queried the accuracy of the new methodology, expected to reduce Nigeria’s unemployment figure.
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Vietnam's top soft drinks tycoon was jailed for eight years on Thursday in a $40 million fraud case, the latest high-profile business figure snared in the country's sweeping crackdown on corruption.
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The Lagos State Ministry of Education is investigating the Indian Language School in Ilupeju accused of denying Nigerians admission. The move to carry out the investigation was a result of a post made by an X user @decommonroom who shared his experience with the school. “The Indian school in Ilupeju only admits Indians. You need…
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The Oyo State Police Command has announced that it is investigating a shooting incident that occurred in the early hours of Monday, April 22nd, at a popular nightclub along the "Under G" area of Owode-Ogbomoso. The police, in a statement on Thursday, said the shooting incident claimed the life of one Iyanda Damilola. A distress…
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US Secretary of State Antony Blinken called Thursday on the United States and China to manage their differences "responsibly" as he landed in Beijing for tough talks with the rival power's leaders.
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Authorities have confirmed the escape of 118 inmates from the Suleja Medium Security Custodial Centre, Niger state, following a heavy downpour that wreaked havoc on the facility, Wednesday night. The rain which lasted hours was said to have destroyed part of the main facility and the perimeter fence giving way for the inmates to escape.…
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A yet-to-be-identified elderly passenger has passed away in a commercial bus while travelling along the Ogbomoso-Ilorin expressway in Kwara State. Eyewitnesses said the deceased was believed to be in his late 60s. The incident, which left fellow passengers in shock, reportedly occurred after the bus experienced mechanical problems near Ote town. According to Abeni Okin,…
1 hour ago
A Nigeria woman, Clara Chizoba Kronborg, has broken the Guinness World Record (GWR) for the longest interviewing marathon. Kronborg who is a social media entrepreneur broke the world record with a time of 55 hours and 24 seconds, according to GWR. Kronborg in setting a new record smashed the previous one which was 37 hours…
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Gunmen suspected to be terrorists have killed two people, including the chairman of the All Progressive Congress (APC) for Mai Dabino community in Danmusa Local Government Area of Katsina State, Saidu Basa. The incident occurred on Wednesday afternoon at about 3:30 pm, along the road leading from Mai Dabino to Danmusa. It was learnt that…
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A former Director-General of the Bureau of Public Service Reforms, Dr. Joe Abah, has narrated how an air crash was averted in Lagos on Friday. Abah, who made this disclosure in a post on his X handle, said he boarded a 7:00 am Ibom Air flight in Lagos, heading to Abuja. The flight also had…