Petrol import bill drops 42% to N8.96trn as Dangote leads output
A long-standing reliance on imported petrol eased in 2025, as Nigeria’s total import expenditure declined to N8.96 trillion, driven by ...
Thursday, March 26, 2026
Tag: NBS
Nigeria’s 15.06% inflation drop overshadowed by rising food costs
A mixed inflation trend emerged in February 2026 as overall price pressures moderated slightly while food costs climbed, highlighting ongoing ...
Nigeria’s non-oil export earnings jump to N12.36trn amid diversification drive
Non-oil exports recorded a strong expansion in 2025, rising to N12.36 trillion between January and December, according to the latest ...
Nigeria’s ICT sector boosts real GDP by 15.97% in latest data
Onome Amuge The information and communications technology (ICT) sector made a significant contribution to Nigeria's real Gross Domestic Product (GDP) ...
Services sector drives 2.54% GDP growth in Q3 2023
Business a.m Nigeria's gross domestic product (GDP) increased 2.54 per cent year-on-year in real terms in the third quarter of ...
Nigeria’s inflation rises in 10th consecutive month to 27.33% in October
Onome Amuge The continued depreciation of the naira and rising food and fuel prices has led to a tenth ...
Foreign investors avoiding Nigeria’s oil region states as FDIs move south
Only 0.51% of Nigeria FDI 2013 – Q1 2020 Some states attracted only one FDI in 9 years State govts ...
Fixing power, forex, transportation key to curbing soaring inflation, says CPPE
By Onome Amuge. The Centre for the Promotion of Private Enterprise (CPPE) has warned that the Nigerian government must address ...
Akwa Ibom raises expectations to pull out of worst unemployment states as Umoh leads Ibom-LED
…Centre in line with Governor Eno’s Arise agenda Ben Eguzozie Mrs Ekaette Umoh Expectations appear high among experts in ...
Nigeria’s ginger underexploited as exports generate N10bn from $3bn global market
By Onome Amuge. Nigeria recently recorded an increase in revenue from ginger export, with the crop’s export value rising by ...
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