Business
Nigeria’s GDP Grows by 3.13% in Q1 2025 After New Rebase – NBS
Nigeria’s GDP grew by 3.13% in Q1 2025 after rebasing. Services sector drives growth as real estate overtakes oil.
22 July 2025
NBS
Business
Inflation Rate Drops to 22.22% in June 2025, Despite Rise In Food Cost
Nigeria’s inflation drops to 22.22% in June 2025, but food prices continue to climb month-on-month, says NBS.
17 July 2025
Business
Nigeria’s Total Exports Hit N20.6 Trillion in Q1 2025, Trade Surplus Rises 51% — NBS
Nigeria’s exports rose to N20.6 trillion in Q1 2025, with crude oil dominating trade. Trade surplus hits N5.17 trillion amid higher exports
12 June 2025
Business
CBN’s Monetary Policy Committee Set for First 2025 Meeting
Nigeria’s Monetary Policy Committee will hold its first 2025 meeting on Feb 19–20, with analysts predicting no changes to the MPR
17 February 2025
Business
Manufacturing, Telecoms, Mining Are Leading VAT Revenues For Nigeria – NBS
Nigeria’s VAT revenue rose by 14% in Q3 2024, reaching N1.8 trillion. Manufacturing, ICT, and mining sectors led the contributions
22 January 2025
Breaking News
Nigeria’s Inflation Hits 34.80% in December 2024 Amid Festive Season Demands
Nigeria’s inflation rate climbed to 34.80% in December 2024, up from 34.60% in November, driven by increased festive season demand
15 January 2025
Business
NESG and NBS Collaborate on Sensitisation Workshop for Nigeria’s GDP and CPI Rebasing
NESG and NBS host a pivotal workshop on GDP and CPI rebasing, emphasizing accurate data for economic growth
11 January 2025
Business
Rising Floods Deepen Nigeria’s Food Security Crisis, FAO Warns
Floods affecting 29 Nigerian states have displaced 200,000 people and submerged 1.3 million hectares of land worsening food insecurity
21 December 2024
Breaking News
FEC Approves 2025 Budget, Presentation to NASS May Be Delayed
FEC approves the N47.96 trillion 2025 budget, with President Tinubu expected to present it to the National Assembly, possibly on Wednesday.
17 December 2024
Breaking News
FAAC Distributes N1.727 Trillion Revenue for November 2024
Federation Accounts Allocation Committee (FAAC) has shared N1.727 trillion among the Federal, State, and Local Governments for November 2024 revenue
14 December 2024
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