Business Nigeria’s inflation rate rises to 32.7% Oluwadamilare Emmanuel Oct 15, 2024 The National Bureau of Statistics (NBS) says the consumer price index (CPI), which measures the rate of change in prices of goods…
News FG’s FDI revenue drops to $29.83m — NBS Alagbe Shenayon Oct 9, 2024 In the second quarter of 2024, the Federal Government's revenue from Foreign Direct Investment (FDI) into Nigeria fell to $29.83…
News Domestic airfares jumps by 25%, now N123,000 – NBS Alagbe Shenayon Sep 26, 2024 The average domestic airfare in Nigeria has reached N123,000 as of August 2024, according to the National Bureau of Statistics…
News Unemployment rate increased To 5.3% in Q1’24 – NBS Alagbe Shenayon Sep 24, 2024 The National Bureau of Statistics (NBS) announced on Tuesday that Nigeria's unemployment rate rose to 5.3 percent in the first…
News More Nigerians embrace rail transport as revenue jumps by 53% to ₦1.69bn… Alagbe Shenayon Sep 20, 2024 A growing number of Nigerians are opting for rail transportation, as revenue surged to ₦1.69 billion in the second quarter of…
News Rail transport generated N1.69bn in Q2 – NBS Toyibat Ajose Sep 20, 2024 The Nigerian rail system generated N1.69bn in passenger revenue during the second quarter of 2024, marking a 53.14% increase…
News Nigeria’s inflation rate slowed to 32.15% in August — NBS Alagbe Shenayon Sep 16, 2024 Nigeria's inflation rate has slowed for the second consecutive month, dropping from 34.19% in June to 33.40% in July, and further…
News Nigeria’s total trade for Q2 2024 stood at N31.892bn – NBS Alagbe Shenayon Sep 12, 2024 The National Bureau of Statistics (NBS) reports that Nigeria’s total merchandise trade reached N31,892.46 billion in the second…
Business Company income tax revenue rises by 151% in Q2 2024 — NBS Alagbe Shenayon Sep 9, 2024 Nigeria’s Company Income Tax (CIT) saw a significant increase of 150.83% in Q2 2024, reaching ₦2.47 trillion, according to a…
News Domestic Air Fare Jumps By 25% To ₦98,561 in July Alagbe Shenayon Aug 27, 2024 Domestic air travelers faced a 25 percent increase in flight costs in July 2024, according to a new report by the Nigerian…