Despite the persistent epileptic power supply nationwide, revenue generation by electricity distribution companies in Nigeria surged to N1.1trn within the 12 months of 2023. The National Bureau of Statistics on…
National Bureau of Statistics
Naira Depreciation Pushes Nigeria’s Imports To Thirty Five Trillion Naira
Amid President Bola Tinubu’s drive to boost non-oil exports and diversify the economy away from crude oil exports, Nigeria’s total imports grew to thirty-five trillion naira in 2023, from twenty-five…
Nigeria’s Gross Domestic Product Growth Slows to 2.74 Percent, Hits Three-Year Low
The National Bureau of Statistics has revealed that the country’s economy experienced a slowdown in its Gross Domestic Product (GDP) growth, dropping to 2.74 percent in 2023 from 3.10 percent…
National Bureau Of Statistics Report Shows Thirty Nine Percent Hike In Diesel Price In One Year
The National Bureau of Statistics, NBS, said the average retail price of a litre of diesel increased from eight hundred and twenty eight naira in January 2023 to over one…
National Bureau Of Statistics Reveals Unemployment In Nigeria Climbs To 5 Percent In Third Quarter
National Bureau of Statistics in the latest Labor Force Survey released on Monday revealed that the Nigeria’s unemployment rate has surged to 5.0 percent in the third quarter of 2023,…
National Bureau Of Statistics Inflation Rate Jumps To 29.90 Percent As Food Prices Rise
National Bureau of Statistics has revealed that Nigeria’s inflation rate climbed to 29.90 percent in January 2024 from 28.92 percent recorded in the previous month. The NBS revealed this in…