Average Price Of 5kg Cooking Gas Drops To N4,360 In May – NBS
The National Bureau of Statistics says the average price of 5kg of cooking gas dropped from N4,642.27 recorded in April 2023 to N4,360.69 in May 2023. NBS disclosed this in its recent “Cooking Gas Price Watch” for May 2023. The…
Nigeria Earned N109.6trn Non-Oil Tax In 12 Years – NBS
The National Bureau of Statistics (NBS) has revealed Nigeria earned N109.6 trillion from non-oil taxes in 12 years. The federal agency gave the breakdown in its latest report titled “Tax-To-GDP Ratio”. The document explained that between 2010 and 2021, Africa’s…
Motorcycles Importation Falls By 41 Per Cent To N212.6 Amid Ban In City Centres – NBS
Nigeria’s spending on the importation of motorcycles fell to N212.64 billion in 2022, representing a 42 per cent increase from N367.39 billion spent in 2021. Report from the National Bureau of Statistics, NBS’s recent figure on Foreign Trade in Goods…
Nigeria’s Inflation Rate Rises To 21.91%
The National Bureau of Statistics, NBS, said the country’s headline inflation rate rose to 21.91 per cent in February 2023 compared to 21.82 last month, indicating an increase of 0.09 per cent. The bureau disclosed this on Wednesday in its…
Crude Oil Sales Rise By 46.41% To N21trn – NBS
Nigeria’s crude oil sales increased by 46.41 per cent to N21.09 trillion total sales in 2022 against N14.41 trillion in 2021, according to the latest National Bureau of Statistics Fourth Quarter 2022 data. Report indicates that the data made Nigeria’s…