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Nigeria’s debt stock hits N39.6tn in 11 months – Reports

The Nigeria’s total debt stock rose from N32.9tn as of December 2020 to N39.6tn in November 2021 The Minister...

Nigeria Records N8.9trn Trade Deficit In Nine Months

Nigeria recorded a negative trade balance of N8.9tn, between January and September, 2021, data from the National Bureau of Statistics have shown. Within this period,...

Aviation Sector’s Contribution to GDP crashes by 50%.

The COVID-19 pandemic has led to a whopping 50 per cent crash in the aviation sector’s contribution to the nation’s Gross Domestic...

Fed Govt Generates N864.71bn CIT In Six Months

The National Bureau of Statistics (NBS) yesterday said the Federal Government raked in a total of N864.7 billion Company Income Tax (CIT)...

Nigeria’s VAT hits N1tn in six months, says NBS

Nigeria generated a N1tn in the first half of the year, consisting of N512.25bn in the second quarter and N495.39bn generated in...

FG To Earn N5bn Annually From Concession – BPE

The Bureau of Public Enterprises (BPE), has said that the federal government will earn N5 billion annually from the planned concession of...

Fuel Subsidy: Nigeria Loses N2.53trn To Smuggling In 1 Year

An estimated 42 million litres of Premium Motor Spirit (PMS), better known as petrol, smuggled from Nigeria to neighbouring West African countries...

All Commodity Terms Of Trade Drops By 51% In 3 Months — NBS

The National Bureau of Statistics, NBS, said the All commodity Terms of Trade Index fell by 0.51 percent from January to March,...

Nigeria Generates N918m From Rail In 3 Months

The National Bureau of Statistics (NBS) has said the country generated N918.66 million through the Nigeria Railway Corporation (NRC) in the first...

Insurance Sector Contracted By 2.08% In Q1 – NBS

The insurance sector contracted by 2.08 per cent in the first quarter of 2021, according to the latest figures obtained from the...

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