NBS

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...

Nigeria’s Public Debt Stock Hits N42.84trn In Q2 2022 – NBS

November 09, (THEWILL) - Nigeria’s public debt stock increased from N35.46 trillion ($86.57 billion) in the second quarter of 2021 to N42.84 trillion ($103.31 billion) in the corresponding period in 2022, the National Bureau of Statistics (NBS), said in...

Price Of Cooking Gas Increased 101% In One Year — NBS

September 20, (THEWILL) – The average price of 5kg cooking gas increased from N4,397.68 in July to N4,456.56 in August, the National Bureau of Statistics (NBS), reported in its Cooking Gas Price Watch, issued on Tuesday in Abuja. The Bureau...

Total Trade For Q2 2022 Stands At N12.841bn – NBS

September 09, (THEWILL) – Nigeria’s total merchandise trade stands at N12,841.54 billion, in the second quarter of 2022, the National Bureau of Statistics (NBS) has reported. The report said the figure was lower than the value recorded in the first...

FG Raked In N2.07 Trillion From VAT In 2021 – NBS

March 25, (THEWILL) – The National Bureau of Statistics (NBS) said the Federal Government generated N2.07 trillion as Value Added Tax (VAT) in 2021. This represents a 33 percent year-on-year (YoY) increase in VAT when compared with N1.55 trillion generated in...

FG Raked In N2.07 Trillion From VAT In 2021 – NBS

March 25, (THEWILL) – The National Bureau of Statistics (NBS) said the Federal Government generated N2.07 trillion as Value Added Tax (VAT) in 2021. This represents a 33 percent year-on-year (YoY) increase in VAT when compared with N1.55 trillion generated in...

Nigeria Records Negative Trade Balance In Q3, 2021 – NBS

December 06, (THEWILL) - Nigeria has recorded N3.032 trillion trade deficits in the third quarter (Q3) of 2021. The total trade figure in Nigeria, for the period stood at N13.2b, of which export trade value was N5.1b and import value was...

NBS Promotes Spokesman Joel Ichedi, 8 Others To Director

December 06, (THEWILL) - The Nigerian Bureau of Statistics (NBS) has promoted its Spokesman, Joel Ichedi along with eight others, to the rank of Director, A circular issued 2nd December 2021 by the Bureau, listed other staff promoted to the rank...

Nigeria Records N1.87trn Trade Deficit In Q2, 2021 As Crude Oil Accounts For 80.29% Export

September 04, (THEWILL) - The National Bureau of Statistics on Saturday released the foreign trade statistics report for the second quarter of this year with Nigeria recording a trade deficit of N1.87trn in the first half of the year. According...
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We Fought For Your Freedom — Obasanjo Accuses South Africa Of Betraying Africa

Former President Olusegun Obasanjo has accused South Africa of betraying the spirit of African solidarity for which Nigeria fought during the country’s struggle against apartheid.
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