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NBS: Nigeria generated N588bn from VAT in Q1 2022 — up by 4.4% from previous quarter

    NBS: Nigeria generated N588bn from VAT in Q1 2022 — up by 4.4% from previous quarter

The National Bureau of Statistics (NBS) says the country generated N588.59 billion as value-added tax in the first three months of 2022. The figure represented an increase of 4.4 percent

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Nigeria’s inflation rate reaches 11-month high, hits 17.71%

    Nigeria’s inflation rate reaches 11-month high, hits 17.71%

The consumer price index (CPI), which measures the rate of change in prices of goods and services, surged to 17.71 percent in May 2022, up from 16.82 percent in the

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NBS: Nigeria recorded N1.2 trillion trade surplus in Q1 2022

    NBS: Nigeria recorded N1.2 trillion trade surplus in Q1 2022

The National Bureau of Statistics (NBS) says Nigeria recorded N1.2 trillion trade surplus in the first three months of 2022. The bureau stated this in its recent report titled: ‘Foreign

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NBS: Company income tax increased by 53% to N532.5bn in Q1 2022

    NBS: Company income tax increased by 53% to N532.5bn in Q1 2022

The National Bureau of Statistics (NBS) says Nigeria generated N532.48 billion from company income tax (CIT) in the first quarter (Q1) of 2022. The NBS disclosed this in its recent

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NBS: Nigeria’s economy grew by 3.11% in Q1 2022

  NBS: Nigeria’s economy grew by 3.11% in Q1 2022

Nigeria’s gross domestic product (GDP) grew by 3.11 per cent in the first quarter of 2022. The figure shows the

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Buhari appoints Semiu Adeniran as new statistician-general

  Buhari appoints Semiu Adeniran as new statistician-general

President Muhammadu Buhari has approved the appointment of Semiu Adeyemi Adeniran as the substantive statistician-general of the federation and chief

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NBS: Women occupied only 13.73% of ministerial positions since 1999

  NBS: Women occupied only 13.73% of ministerial positions since 1999

The National Bureau of Statistics (NBS) says women still do not have equal access to decision making and power-sharing at all

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World Bank: Dependence on oil exports major cause of Nigeria’s frail growth prospects

  World Bank: Dependence on oil exports major cause of Nigeria’s frail growth prospects

The World Bank says Nigeria’s dependence on oil exports is the leading cause of the frail growth prospects of the

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NBS: Nigeria’s imports exceeded exports by N1.94trn in 2021

  NBS: Nigeria’s imports exceeded exports by N1.94trn in 2021

Nigeria recorded N1.94 trillion foreign trade deficit in 2021, according to a report by the National Bureau of Statistics (NBS).

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Nigeria’s inflation rate falls to 15.60%

  Nigeria’s inflation rate falls to 15.60%

The consumer price index, which measures the rate of increase in the price of goods and services, rose to 15.60

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