Tag: National Bureau of Statistics

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Nigeria’s Inflation Rate Climbed to 24.08% in July, Highest in 15 Years

August 15, (THEWILL) - Nigeria's inflation rate hit 24.08 percent in July 2023, according to the National Bureau of Statistics (NBS) monthly Consumer Price...

Inflation: Impacting Health, Cost-of-Living And Businesses

The current economic situation of many Nigerians, be they unemployed, employed or small business operators is, to say the least, perplexing and confusing. Inflation...

Devaluation: Nigeria to Import $100m Palm Oil From Malaysia, Others

To meet expanding local demand, Nigeria will spend up to $100 million on the importation of palm oil in 2023, going by available data...

Naira Floating: Nigeria to Earn N160bn, Spend N603bn More on Agric Export, Import in H2 2023

Based on data by the National Bureau of Statistics (NBS), Nigerian farmers will earn an additional estimated N160.3 billion from agricultural exports in the...

Nigeria Rakes in N709bn From VAT in Q1 2023 – NBS

June 14, (THEWILL) - The federal government generated N709.59 billion as Value Added Tax (VAT) in the first quarter of 2023, National Bureau of...

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