National Bureau of Statistics (NBS) has announced that Nigeria generated N1.78 trillion in value-added tax (VAT) revenue during the third quarter (Q3) of 2024, representing a...
National Bureau of Statistics (NBS) reports that Nigeria recorded a trade surplus of ₦5.81 trillion in the third quarter (Q3) of 2024. A trade surplus occurs...
Musa Aliyu, chairman, Independent Corrupt Practices and Other Related Offences Commission (ICPC), has revealed that 70 percent of Nigerians approached for a bribe in 2023 refused...
Nigeria’s annual inflation rate climbed for the first time in three months in September, sparked by a spike in gasoline prices and severe floods in food-producing...
The import bills on used vehicles, popularly known as tokunbo, into Nigeria fell by 83 percent year-on-year, YoY, to N138.62 billion in the first half of...
Airtel Nigeria is taking steps to switch from diesel to solar energy as it seeks a more cost-efficient way to power its telecom infrastructure. Femi Adeniran,...
Nigeria’s economy showed signs of resilience in the second quarter of 2024, with the nation’s real Gross Domestic Product (GDP) growing by 3.19%, a slight increase...
National Bureau of Statistics (NBS) says Nigeria’s inflation rate declined to 33.4 percent in July, below the 34.2 percent reported in June. This is the first...
Wale Edun, Minister of Finance and Coordinating Minister of the Economy, has revealed that Nigeria currently spends $600 million each month on fuel imports. Edun attributed...
Nigeria’s annual inflation rate increased for the fifth consecutive month to 34.19 per cent as Nigerians battle with high living crisis. According to the National Bureau...