Some economists have said the recent spike in inflation rate after months of consistent decline may have been triggered by the higher-than-expected household consumption during the...
With Nigerians still battling the rise in food prices and other essentials due to rising inflation, the average price of Kerosene, another essentials rose by...
Director-General of the Lagos Chamber of Commerce and Industry (LCCI) Dr. Muda Yusuf has said from month on month perspective, inflation has accelerated across all...
Data from the National Bureau of Statistics (NBS) reveal that Nigeria’s inflation rate increased by 12.20% (year-on-year) in February 2020. This is 0.07% higher than...
The Nigerian economy ended 2019 in what appears to be another major setback, as trade balance posted N579 billion deficit in the fourth quarter of 2019,...
Nigeria’s Gross Domestic Product (GDP) grew by 2.55% in real terms in the fourth quarter (Q4) of 2019, up from 2.38% growth recorded in the fourth...
Nigeria’s inflation rate has increased from 11.98% recorded in December 2019 to 12.13% in January 2020. This is the highest rate recorded in the country since...
About 30 states of the federation has been described as insolvent as Nigeria’s total debt burden rose to N26.14 trillion as at the end of September...
as Lagos attracts $4.97 billion The latest capital importation data released by the National Bureau of Statistics (NBS), shows that 29 states in Nigeria suffered a...
Between January and September this year, the Nigerian economy attracted a total of $19.67bn worth of investments, figures released by the National Bureau of Statistics have...