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Bagudu Warns Against Reliance On Foreign Data For National Projections

The Ministry of Budget and National Planning on Monday urged Nigerians to maximize the use of available data in nigeria for various economic and...
Business

Hardship: 31% Of N70,000 Minimum Wage Needed To Cook A Pot Of Jollof Rice- Report

The latest SB Morgan Jollof Rice Index for September shows the average cost of making a pot of jollof rice has increased by 5.1...
Business

Domestic airfare in Nigeria jumps to N124,693 from N79k in one year – NBS

Domestic airfare for a single journey on specified routes in Nigeria increased to N124,693.40 in September 2024 up from the N79,013.48 recorded in the...
Business

67.8% of households in Nigeria use fuelwood – NBS

The National Bureau of Statistics (NBS) said on Wednesday that 67.8 percent of households in Nigeria use fuelwood as a source of energy for...
Business

High Demand For Beer, Egg, Meat Pushes Food Inflation To 39.70— NBS

After two consecutive months of decrease, Nigeria’s headline inflation in September 2024, rose to 32.70 per cent against the 32.15 per cent recorded in...
Business

Nigeria’s Labour Laws Against Informal Sector— Adeniyi

A former Special Adviser to the late President Umar Yar’Adua on Media and Publicity, Olusegun Adeniyi, has said the informal sector of the economy...
Business

Nigeria’s capital importation dropped by $770m in Q2/24 – NBS

Nigeria’s capital importation dropped to $2.6 billion in the second quarter of this year.The National Bureau of Statistics (NBS) disclosed this in its capital...
Business

Cost of healthy diet stood at N1,255 in August –NBS

The National Bureau of Statistics (NBS) said on Thursday the cost of healthy food per adult a day stood at N1,255 in August.The NBS...
Business

High Lending Rate Cuts Banks’ Private Sector Credit By N780bn

The high interest rate of the Central Bank of Nigeria has cut banking sector credit to the private sector by N780bn between the months...
Business

Food prices rose ‘significantly’ in August – NBS

The National Bureau of Statistics (NBS) said on Wednesday that prices of beans, eggs, yam, and other food items rose significantly in August.The NBS...
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