Nigeria’s foreign trade via maritime transport surged by 91% in 2024, reaching N130.75 trillion, up from N68.44 trillion in 2023, according to the National Bureau of Statistics (NBS). Exports dominated …
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National Bureau of Statistics
- BusinessEconomyFinance & Services
Nigeria’s Inflation Rate Declines to 23.18% in February Amidst Falling Food Prices and Logistics Costs
Nigeria’s annual inflation rate experienced a notable decline in February 2025, easing to 23.18% from 24.48% in January, according to the National Bureau of Statistics (NBS). This marks the second …
- AFRICA NEWSBanking, Finance & InvestmentNigeria
Foreign investment may decline over FTSE downgrade
by Editorby EditorSome capital market stakeholders have stated that Foreign Portfolio Investments in Nigeria’s equity market will further reduce following the downgrade of the country by rating agency, FTSE. FTSE in its …
The price of 12.5kg of Cooking gas rose by 61 per cent to N9,906 in September 2022 from N6,165 in September 2021. This was disclosed by the National Bureau of …