National Bureau of Statistics

The current economic situation of many Nigerians, be they unemployed, employed or small business operators is, to say the least, perplexing and confusing. Inflation continues to worsen the cost of living of the populace eroding the purchasing power of...

To meet expanding local demand, Nigeria will spend up to $100 million on the importation of palm oil in 2023, going by available data from the National Bureau of Statistics (NBS). The figure is based on the value of...

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 second half of the year as a result of the depreciation of the Naira in...

June 14, (THEWILL) - The federal government generated N709.59 billion as Value Added Tax (VAT) in the first quarter of 2023, National Bureau of Statistics (NBS) on Tuesday. The bureau disclosed this in its “Sectoral Distribution of Value Added Tax”...

June 06, (THEWILL) - Nigeria recorded N927.16 billion trade surplus between January and March 2023, the National Bureau of Statistics (NBS), said Tuesday, in its Foreign Trade in Goods Statistics Report for Q1 2023. According to the Bureau, while total...

All over the world, social safety nets are tools used by governments to help the vulnerable people in society to tackle hunger and poverty. In Nigeria, successive governments have expressed concern about the high level of poverty in the country,...

As Nigeria’s inflation rate maintains an upward trend, hitting 22.2 percent in April, the National Bureau of Statistics (NBS) says prices of basic energy sources – cooking gas and kerosene - also increased during the period. The average price...

May 16, (THEWILL) - The Nigerian Electricity Regulatory Commission, (NERC), has granted approval to Distribution Companies (DisCos), to disconnect customers who fail to pay electricity bills after 12 working days. NERC, in its “Customer Protection Regulations 2023” released at the...

The number of ‘Estimated Billing’ customers in the books of Nigeria’s 11 electricity distribution companies (DisCos) rose to 5.93 million in the fourth quarter (Q4) of 2022, according to the National Bureau of Statistics (NBS). This represents a 3.4...

April 24, (THEWILL) - The number of mobile subscriptions in Nigeria rose to 222.6 million at the end of 2022, the Nigeria Bureau of Statistics said in its "Telecoms Data: Active Voice and Internet per State, Porting and Tariff...