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Nigeria’s GDP Growth Rise By 3.2% In Q2- NBS Report

Nigeria’s GDP Rises By 3.2% In Q2- NBS

NBS Report Reveals Strong GDP Growth The Nigerian Bureau of Statistics (NBS) has announced that Nigeria’s real Gross Domestic Product (GDP) grew by 3.2% year-over-year in the second quarter of 2024. This growth surpasses the 2.51% recorded in the same period in

August 26, 2024

Business·News

Nigeria’s Food Crisis: Corruption, Mismanagement To Blame?

Corruption and Inefficiency: Root Causes of Nigeria’sFood Crisis In Nigeria, the daily struggle for survival is intensifying as Nigeria’s food crisis keeps rising. The cost of food is skyrocketing, with food inflation creeping up to 40.66 percent from 40.53 percent, according to

July 4, 2024

NRC Generates N1.42bn Revenue In 3 Months

Business·News

Nigeria Railway Generates N1.42bn Revenue In 3 Months

The Nigeria Railway Corporation (NRC) earned N1.42 billion as revenue in the first three months of 2024. This reflects 84.91 per cent increase from the N768.44 million recorded in the same period in 2023. This was disclosed in a report by the

July 1, 2024

Nigerian Govt Incurs ₦464.12bn Electricity Subsidy Obligation

News

Nigeria: Electricity DisCos’ Revenue Drops By 1.13%, Supply Dips By 10.3% In Q1 2024

The total revenue of the 11 electricity distribution companies (DisCos) in Nigeria declined by 1.13 per cent from N294.95 billion in the fourth quarter (Q4) 2023 to N291.62 billion in first quarter (Q1) 2024. However, the revenue increased year-on-year by 17.91 per

June 29, 2024

Business·News

Food Inflation In Nigeria Hits 40.66%, Deepening Economic Woes

Food inflation in Nigeria has surged to 40.66% in May, 2024, making it increasingly difficult for Nigerians to afford basic meals. Prime Business Africa reports a notable rise in food prices, indicating a steady increase in the cost of living. Analysis of

June 17, 2024

Maintaining Healthy Diet For Nigerians Surge From N703 To N786- NBS Reveals

Business·News

Cost Of Maintaining Healthy Diet In Nigeria Surges To N786 – NBS

The National Bureau of Statistics (NBS) disclosed yesterday that the average cost of maintaining a healthy diet for Nigerian adults has surged from N703 in October to N786 in December 2023. The announcement came during the unveiling of the “Cost of a

February 2, 2024

Finance & Economy

BRICS Capital Inflow To Nigeria Plummets By 59.84% In Q3 2023 – NBS

The National Bureau of Statistics (NBS) released a report unveiling a 59.84% drop in foreign capital from BRICS nations during Q3 of 2023.

January 2, 2024

Business·News

NBS: Food Prices Surge Nationwide, Prompting Concerns Over Affordability

A report released by the National Bureau of Statistics on Friday revealed that the cost of essential food items has surged across the nation, escalating worries about affordability and accessibility for consumers. The findings, reflective of November 2023 data, underscored startling spikes

December 29, 2023

Business·Transport

Intercity Bus Travel Costs Surge By 61%, Air fares Record New Hike – NBS

Report released by the National Bureau of Statistics (NBS), reveals that intercity bus travel expenses surged by 61.27% in November compared to the same period last year, hitting an average of N6,206.53 per drop. The report highlighted a 5.45% month-on-month increase from

December 27, 2023

Agro-Economy·Business·News

Nigerians’ Household Spending Surges To N61.07 Trillion Despite Soaring Inflation- NBS

The National Bureau of Statistics (NBS) revealed in its Expenditure and Income Gross Domestic Product (GDP) report that Nigerians spent N61.07 trillion on household consumption in the first half of 2023. This figure represents a 2.83% increase compared to the same period

November 24, 2023

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NBS - Page 2

Nigeria’s GDP Rises By 3.2% In Q2- NBS

Nigeria’s Food Crisis: Corruption, Mismanagement To Blame?

Nigeria Railway Generates N1.42bn Revenue In 3 Months

Nigeria: Electricity DisCos’ Revenue Drops By 1.13%, Supply Dips By 10.3% In Q1 2024

Food Inflation In Nigeria Hits 40.66%, Deepening Economic Woes

Cost Of Maintaining Healthy Diet In Nigeria Surges To N786 – NBS

BRICS Capital Inflow To Nigeria Plummets By 59.84% In Q3 2023 – NBS

NBS: Food Prices Surge Nationwide, Prompting Concerns Over Affordability

Intercity Bus Travel Costs Surge By 61%, Air fares Record New Hike – NBS

Nigerians’ Household Spending Surges To N61.07 Trillion Despite Soaring Inflation- NBS

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