Individuals in forced labour stood at 617,503 in 2022- NBS
The National Bureau of Statistics (NBS) says no fewer than 617,503 individuals were in forced labour in their current job in 2022. The NBS disclosed this in its Nigeria Forced…
Child labour: Over 24m children engaged in Nigeria in 2022- NBS
April 19, 2024 The National Bureau of Statistics (NBS), says that 24,673,485 children, accounting for 39.2 per cent of all children aged five to 17 years old in Nigeria are…
Nigeria’s Inflation Rate Hits 33.20%Â
April 15, 2024 The National Bureau of Statistics (NBS) says in March 2024, the country’s headline inflation rate increased to 33.20% relative to the February 2024 headline inflation rate which…
Amidst economic downturn telecoms continue to propel the Nigerian economy with real positive impact on GDP
April 5, 2024 Nigeria’s telecoms Sector is perhaps the only sector in the country that has continued to witness exponential growth, contributing significantly to the nation’s GDP at 16.66 percent…
13% Derivative Fund: Oil-Producing States Received N85.10bn in February- NBS
March 20, 2024 The Federal government disbursed N85.10bn to nine oil-producing states as the 13 per cent derivative from oil and gas revenue in February 2024, according to the National…
Nigeria records 24.23% increase in road traffic accidents, 1,323 deaths in Q4 2023 – NBS
Feb. 23, 2024 The total number of road traffic crashes in Q4 2023 was 2,717, indicating a increase of 24.23% from the previous quarter (Q3) which recorded 2,187 and 33.12%…
Nigeria Capital Importation hit US$1,088.48m in Q4 2023
Feb. 19, 2024 …Capital Importation largely from the United Kingdom The National Bureau of Statistics, NBS, says the country’s total capital importation into Nigeria rose to US$1,088.48 million in Q4,…
South east records lowest price of cooking gas, kerosene in December – NBS
The National Bureau of Statistics (NBS) says the average price of 5kg of cooking gas increased from N4,828.18 recorded in November 2023 to N4,962.87 in December 2023. The south east…
FAAC: The 3 tiers of govt. received N1.35 trn in Nov. 2023 – NBS report
Jan. 15, 2024 …As oil producing States get ₦50.67 bn from 13% derivation fund The Federation Account Allocation Committee (FAAC) disbursed N1.35 trillion to the three tiers of government in…
Nigeria’s Inflation Rate Rises To 28.9%, Food inflation sees a 10.18% year-on-year increase
Jan. 15, 2024 The country’s headline inflation rate increased to 28.92% in December 2023, relative to the November 2023 headline inflation rate of 28.20%, according to the December 2023 Consumer…