African Investors invest $285m into Nigeria Amid Capital Inflow Slump
African investors, excluding Nigerians, funneled $285.11 million in foreign capital into Nigeria in the third quarter of 2024, accounting for ...
Tag: NBS
Nigeria’s Imported Food Inflation Hits 42.29% in November 2024
Nigeria's imported food inflation soared to 42.29% in November 2024, as revealed in the latest Consumer Price Index (CPI) report ...
Nigerian Businesses to Face Tougher 2025 as Inflation Hits Record High
The Lagos Chamber of Commerce and Industry (LCCI) has warned Nigerian businesses to brace for higher interest rates in 2025 ...
Foreign Investment in Nigeria’s Telecom Sector Fell to $14.4 million in Q3 2024
Foreign investments in Nigeria's telecommunications sector saw a significant decline in the third quarter of 2024, plunging to $14.4 million, ...
Nigeria’s Economy Records 3.46% Growth in Q3 2024- NBS
Nigeria’s Gross Domestic Product (GDP) grew by 3.46% in real terms in the third quarter of 2024, according to the ...
Uneducated Workers Account For 99% of Informal Jobs in Nigeria – NBS
The Nigeria Labour Force Survey (NLFS) for Q2 2024, released by the National Bureau of Statistics (NBS), highlights the pivotal ...
65% of Nigerian Households Can’t Afford Healthy Food, 12% Go Without Food for an Entire Day – NBS Report
The latest General Household Survey Panel (Wave 5) report by the National Bureau of Statistics (NBS), in collaboration with the ...
Cooking Gas Prices Surge by 3.32% in October, Pushing Households to Seek Alternatives
The price of Liquefied Petroleum Gas (LPG), commonly used for cooking, has risen by 3.32% month-on-month, reaching an average of ...
State Road Taxes Surge by 63%, Reflecting Increasing Financial Strain On Citizens
Road tax collections by Nigerian state governments surged by 63% in 2023, highlighting a crucial revenue stream for state-level budgets ...
Nigeria Faces Low Record Foreign Investment Amid Ongoing FX Liquidity Crisis
Nigeria's ongoing foreign exchange (FX) liquidity crisis has driven investors away, resulting in a sharp decline in investment inflows into ...
