The report released on its website says the figure shows a significant improvement compared to 3.48 per cent recorded in the second quarter of 2024 and the 3.13 per cent recorded in Q1 2025. According to newsmen, the figures signal a strengthening economy, driven by recent rebasing, rebound in oil production and a resilient non-oil […]
The Bureau said it was working to recover the website where it publishes crucial statistics concerning key sectors in the country.
A statement by the Federal Competition and Consumer Protection Commission ,FCCPC, said the Executive Vice-Chairman of the FCCPC, Tunji Bello, gave the order at a one-day stakeholders’ engagement on exploitative pricing in Abuja. According to Bello, the commission will begin enforcement after the expiration of the notice. He said the meeting was to address the […]
In its Q2 2024 GDP Report, the Bureau said Nigeria’s GDP rose year-on-year in real terms in the second quarter of 2024. The NBS stated that the growth rate is higher than the 2.51% recorded in the second quarter of 2023 and higher than the first quarter of 2024 growth of 2.98%. The NBS said […]
The report ‘Premium Motor Spirit (Petrol) Price Watch (May 2024)’, said on a state profile analysis, that consumers in Jigawa State paid the highest price of ₦937.50 for petrol, signaling a continuous rise in the price of the commodity since the removal of petrol subsidy by President Bola Tinubu on May 29, 2023. The report […]
The report covering third quarter and fourth quarter 2023, indicated that Nigerian households reduced their consumption expenditure Year-on-Year (YoY) to -13.7 percent during the period from -12.47 percent in Q4’22. The period covered by the report is approximately six months into the fuel subsidy removal and exchange rate floatation regime, the two policies that drove price instability […]