NBS

VAT For Q4 2022 Stood At N697.38bn — NBS

March 08, (THEWILL) - The National Bureau of Statistics (NBS) has said aggregate Value Added Tax (VAT) stood at N697.38 billion in Q4 2022. This shows a growth rate of 11.51 per cent on a quarter-on-quarter basis from N625.39...

Flood, Oil Theft, Resonate in 2022 Low GDP

The impact of severe flood and massive oil theft that put Nigeria on the spotlight of economic devastation last year, contributed to the poor Gross Domestic Product (GDP) for 2022. The National Bureau of Statistics (NBS) in its 2022...

Nigeria’s Inflation Hits 21.82% In January 2023

February 15, (THEWILL) - Nigeria’s inflation rate rose from 21.34% in December 2022, to 21.82 % in January 2023, the National Bureau of Statistics (NBS) said on Wednesday According to the NBS, the January 2023 inflation rate showed...

Food Prices Continue To Rise – NBS

December 26, (THEWILL) - The prices of selected food items increased in November, the National Bureau of Statistics (NBS) said on Monday, in its Selected Food Prices Watch Report for November 2022. According to the Bureau, the average price of 1kg...

Nigeria’s Inflation Rate Hits 21.47% In November

December 15, (THEWILL) – Nigeria’s inflation rate increased to 21.47% in November 2022, from the 21.09% it recorded in October, the National Bureau of Statistics, reported on Thursday. This is a 6.07 percent increase compared to November 2021’s 15.40...

Q3 GDP: Transportation, Financial Sectors Lead In Growth

Nigeria’s transportation and financial sectors led the list of the fastest-growing sectors in the third quarter of 2022, printing real growths of 41.59% and 12.7%, respectively. This is contained in the Q3 2022 Gross Domestic Product (GDP) report released by...

OPINION: NIGERIA’S HORRIFYING POVERTY RATE

We must not be surprised that the National Bureau of Statistics has estimated the multiple dimensional poverty Index in the country at 133 million persons representing 65 per cent of the population of Nigerians. This data I...

Nigerians Brace Up For Expensive Xmas As Cooking Gas Price Soars By 0.21% In Oct 2022 – NBS

November 21, (THEWILL) - The average price of 5kg cooking gas rose by 0.21 percent from N4,474.48 in September to N4,483.75 in October, the National Bureau of Statistics (NBS), said on Monday, in its report of “Cooking Gas Price...

UK Reacts To NBS Report on Nigeria’s Poverty Index

November 18, (THEWILL) - The United Kingdom has reacted to the multi-dimensional Poverty Index released by the National Bureau of Statistics (NBS) on Thursday. THEWILL reported that the NBS had in its 2022 Multidimensional Poverty Index Survey, released in Abuja...

Nigeria’s Inflation Rate Hits 21.09% in October — NBS

November 15, (THEWILL) - The National Bureau of Statistics (NBS), in its Consumer Price Index (CPI) report on Tuesday, said that Nigeria’s inflation rate surged to 20.09% in October 2022, representing a 0.32% point increase from 20.77% recorded in...
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IYC Committed To Peaceful Resolution Of Eruani, Daukoru Dispute – Ayebakuro Itari

The Ijaw Youth Council has waded into the dispute between Dr Azibapu Eruani and Mr Kariyai Daukoru with...
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